Monday, November 14, 2016

USD Index

Dollar has embarked on a bull run. Dollar index currently at 99.4 is poised to test 100.4 again. Any break above 100.4 will take the index to 113.5. The 2 year target of USD  Index is 150. A dollar will be detrimental to emerging market's debt and equities. Last week this blog highlighted the reversal pattern on the Jakarta Stock Index.

For Illustration Purpose Only
All posts and charts are for educational and illustration purposes only

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