USD index

[Piptaker]

There's a few more stop's to take out first on the crosses (EUR and AUD) before the USD heads back up.....

 

[Piptaker]

Long term it's pretty clear now that the Trump administration wants a weaker dollar, as a strong dollar which has been the focus of passed administrations isn't what you want if your going to increase your (US) manufacturing which Trump is trying to do...

 

[victorycountry]

There is ECB interest rate decision later today.
They will announce 0 % interest rate as economists expect.
I will long EURUSD upon announcement.

 

[Cswim63]

Short euro 107.29, GBP 124.48, long USD JPY 113.71. Short Aussie.7565

 

[Cswim63]

Trying to hold on for awhile as I believe USD could run here

 

[Cswim63]

I would short gold too if I could

 

[victorycountry]

Are you sure with your decisions? Just wonder because Trump wants US dollar to weaken in order to boost US economy.

I hope you are right though...well fingers crossed

 

[Cswim63]

Not sure here, I was just going with the momentum on the tape, which has subsided for now. Don't like picking tops or bottoms, but we are due for some dollar strength. As for Trump, he can talk all he wants but the markets are bigger than him.

 

[Cswim63]

Stopped out. Still waiting for a bottom in USD.

 

[Cswim63]

Long USD again. It's like peeing into the wind. Still I see buying on the tape amidst the weakness.