Back to Main

Trade Update: USD vs CAD and AUD

By: Emerging Money
Posted: 2/28/2014 3:22:00 PM
Referenced Stocks:

Trade Update: Time to think about selling some USD against CAD  ( quote ) and AUD  ( quote ), or outright selling of DXY via ETFs that track the Dollar Index (DXY).

dollar Dollar Index another 60bps weaker and nearing bottom end of defined range over last 6 months (79.00-81.50).

Market has come to terms with Yelllen and also must address ECBs approach to lower inflation environment.

The ECB may be ready to throw more fuel on the fire.

They need to. sg2014022843696