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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (65598)10/30/2014 5:24:45 AM
From: Hawkmoon  Read Replies (2) | Respond to of 218423
 
Chip, what impact will a stronger USD have?

Watching the DXY, which looked like it was about to roll over, but yesterday it surged higher, looking to reverse upward..

PnF has $100 as a target..

stockcharts.com

stockcharts.com

My guess is that it's bearish for the equity markets.. both due to overseas sales, as well as taking fewer dollars to equal current, inflated, stock prices..

Also looks bearish for gold..

Hawk