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Jim Wyckoff

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U.S. dollar gaining power

August 19, 2022 by Jim Wyckoff

The U.S. dollar index is a basket of six major global currencies weighted against the greenback. See on the daily bar chart for the USDX that prices are surging higher again and are not far below the 20-year high scored in July. The USDX bulls have regained power to suggest more upside in the near term, including a challenge of the July high, or above. Stay tuned! —Jim Wyckoff

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

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