A Triangle On The U.S. Dollar Index Futures: Will It Flatter Or Deceive?
ARTICLE SYNOPSIS...The U.S. Dollar is perhaps the instrument most directly affecteted by an actual hike or indications of a hike in U.S. interest rates. The U.S. Dollar Index Futures chart is showing that traders expect a hike in interest rates soon.
ARTICLE SYNOPSIS...The U.S. Dollar Index has been showing signs of reversing for some time now but is the recent bounce the beginning of a more serious correction or is it just a weak attempt to push prices higher?
ARTICLE SYNOPSIS...The US Dollar Index staged a remarkable turnaround from early November to early December 2010, but since then it has been trapped in a trading range. Time for the rally to resume -- or not?