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Watch U.S. dollar on Bank of Japan and European Central Bank events

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Watch the U.S. dollar. Events at Bank of Japan and European Central Bank are fueling the inevitable with U.S. dollar.

The U.S. dollar index broke through today the 83.30 level as it makes its way back to the 84.00 level which is the high summer spike of 20'12.

Next stop for the U.S. dollar index is the triple top at 88.00 which is the post-crisis resistance that the dollar will ultimately break.

This is all consistent with a world where there is deflation and central banks printing more egregious than the Fed, and moderate growth in the U.S. and nowhere else....

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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