Intraday Market Thoughts

USD Pattern Last seen in 1997

by Ashraf Laidi
Sep 2, 2014 17:28

The US dollar index is set to post its 8th consecutive weekly increase, a pattern last seen in 1997.The tenacity of the US dollar rally is highlighted by an unusually broad advance, against each of the six components in the basket. Today's manufacturing ISM helped trigger those moves. Full charts & analysis here.

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USD Pattern Last seen in 1997 - Ism Usdx Chart Sep 2 (Chart 1)


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