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Dollar Down but Not Out - Why Might it Hold the Lows?

Dollar Down but Not Out - Why Might it Hold the Lows?

David Rodriguez, Head of Product

- Dollar breaks to fresh lows

- Plummeting rate forecasts helps explain decline

- We see relatively limited risk of further declines.

The video shows a number of key factors I'm watching on the US Dollar and why it seems likely to hold its lows.

I likewise cover trading strategy outlook with a specific eye towards our Momentum2 trading system, as I believe it is well-positioned to do well in the days ahead.

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