Friday, February 16, 2018

Feb[5] - Market Updates

USD Index:   
US Dollar strongly rebounded on last trading day. A double bottom could be forming. Stronger Dollar would give some downward pressure on commodity, such as agriculture, crude oil, gold, etc. Asian currencies might weaken as well and vice versa. Shall it clear resistance 90.5, next target could be ~ 92.

Dollar Index ETF: UUP (US: NYSE)

Market Calendar on coming week:   
(SG: Singapore; CH: China; US: USA)

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