19-08-2016 12:48 via feedproxy.google.com

The dollar is climbing

The dollar is climbing.
The US dollar index is up by 0.3% at 94.42 as of 6:33 a.m. ET.
Notably, on Thursday, Nautilus Investment Research's Tom Leveroni and Shourui Tian argued that the dollar is "poised to signal a major long-term trend change this week." 
Leveroni and Tian note that in 12 of the 14 times the US Dollar Index crossed below its two-year (100-week) moving average, the index fell three months later.
The index crossed below its 100-week moving average on Tue
Read more »