US Dollar Index Turning Point

US dollar Index (UUP) is currently breaking below the key support – 200 day moving average. Is this a head-fake, like in June, or is it a major turning point, indicating further US Dollar depreciation? The recent uptrend in US Dollar index started in April of 2018, with the beginning on trade war escalations, which… Read More

G20 Osaka 19: US-China Trade War Update

At the G20 meeting in Osaka, the US and China agreed to a trade war truce, whereby no additional tariffs would be levied, and to continue talks, which would eventually result in a cancellation of all tariffs.¬†Further, China made the concession to potentially buy more US farm goods, while US made the concession to potentially… Read More