News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
Makes Little Sense to buy the US Dollar at these Levels

Makes Little Sense to buy the US Dollar at these Levels

David Rodriguez, Head of Product

Video Summary:

- Forex seasonality shows it’s not a good idea to buy a Friday high

- Forex volatility prices warn that traders aren’t impressed with the Dollar rally

- Interest rates haven’t followed through on post-Federal Reserve surge

The US Dollar likely set a significant low versus major counterparts, but we see a key number of reasons why it doesn’t make to sense to buy it at these levels.

Sign up for further US Dollar and other currency updates via this author’s e-mail distribution list.

Read more on why time is running out for the Euro as it fails at potentially critical resistance.

--- Written by David Rodriguez, Quantitative Strategist for David specializes in automated trading strategies. Find out more about our automated sentiment-based strategies on DailyFX PLUS.

Contact and follow David via Twitter:

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.