• Skip to main content
  • Skip to footer

Jim Wyckoff

Dominate Your Market

  • Daily Morning Report
  • Meet Jim
    • Testimonials
  • Contact Jim
  • Sample Reports and Charts
  • FAQ
  • Jim’s educational e-books

A Strong Greenback and its Implications

May 8, 2019 by Jim Wyckoff

The U.S. dollar index bulls remain very strong as prices are in an uptrend and just recently hit a two-year high. The strong greenback is a negative for most of the raw commodity sector. Given that most raw commodities are priced in dollars on word markets, an appreciating U.S. currency means its more expensive to purchase those commodities in non-U.S. currency. The strong dollar is also punishing many secondary currencies, whose countries are trying to service their debt with their depreciating currencies. There are no early chart clues to suggest the USDX will end its price uptrend any time soon. Stay tuned!

Filed Under: Blog News, Jim's Morning Report, Uncategorized

Footer

Disclaimer

There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.

Latest trending facts

Copyright © 2026 · Atmosphere Pro on Genesis Framework · WordPress · Log in