Jump to content

This is what is happening on DXY


Alan Rich Online

Recommended Posts

U.S. Index futures slumped.

 

Asian shares declined and the yen strengthened.

 

The U.S Index futures have slumped, meanwhile Asian shares have declined and the Chinese YEN has strengthened after House Republican leaders cancelled a planned vote that would permit higher taxes amid stalled budget talks.

 

The delay in the budget talks is strengthening the US Dollar and the YEN.

 

You can see how all this is reflected in the Dollar Index.

 

http://www.alanrichonline.com/wp-content/uploads/2012/12/dxy-120min.gif

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...