We create and publish training materials and deal with the research of financial and commodity markets and identification of trading opportunities. We create information content in digital electronic form and its subsequent sale. We are not a stockbroker or broker, we are not financial institutions and we are not a financial intermediary.

9.11. 10:34_DollarIndex_SHORT

DollarIndex Short. The almost zero interest rate in the US puts the US dollar under constant pressure. Last year, the FED cut a total of three base interest rate cuts, and this year, due to the Covid crisis, it cuts further to the current range of 0 to 0.25%. The Democrats’ victory could weaken the dollar slightly further. Technically, the market is in a slight downward trend, in the medium term it is supported by a wide trading range, which could break through.

Graph and table source: WebTrader

Tags:
Comments

Add comment

Your email address will not be published. Required fields are marked *

Your personal data will only be used for the processing of this comment. Principles of personal data processing