The trend of the US dollar in recent days has always been unexpected. The market should have produced a callback, but because of the stimuli of some unexpected events, the price has reversed and created a new high point. A positive attitude of heightening suggests that the market will continue to look more in the future.
But the dollar really go this way? The school has always stressed that you should not underestimate every trend of the dollar, because there are always various factors behind each trend, just take the dollar yesterday. The reason why there will be sudden strength, the root cause related to the speech of the Fed's FOMC voting committee and Boston Fed President Rosengren, because of his sudden statement that "there is no need to see new actions", the market interprets it as disapproving of the September rate cut, plus the "US consumption" Strong, spending can support the economy, and should now sit down and observe economic data. There are indications that Rosengren’s discourse is obviously a hawkish remark, disapproving of interest rate cuts and emphasizing sitting down to observe economic data, which will greatly reduce The market's expectation that the Fed will cut interest rates in September will support the US dollar. It is not surprising that the US dollar has gone out of a wave of rising prices. The price has continued to rise and closed at a high level. The daily line has been settled as a positive line; This Yangxian line is not very big, but the sentiment of the long-term sentiment is more obvious. It is reasonable to say that the dollar continues to rise today is reasonable. After all, Zhou The trend has not only failed but have risen callback, will bring great confidence to the market, thereby pushing prices to rise further. Therefore, the overall pattern of the US dollar today can continue to see more.
However, there will always be accidents in the market trend, and the necessary precautions are also needed; for the current US dollar, the school recommends more warning against the sudden correction of the market, beware of the sudden drop in the disk; although the dollar is a certain trend in the future, but The callback market is also an essential element in the formation of market volatility. If there is some small decline in the US dollar today, it is not surprising that after all, there is a callback market, which is considered a complete sustainable market. After the callback market is over, we can continue to choose a low-cost machine. This is the operation idea of today's operation, for your reference!
Post time: Aug-21-2019