22 September 2020
4 min read
Where's the dollar strength going to come from?
Equities have had a bounce! There's maybe some technical reasoning here. The 100 daily exponential moving average has shown some support. TradingViewI'd argue though that it's more to do with weakness outside of the US and a forced rotation into US equities after the threat of more lockdowns and the financials facing weakness yesterday saw broad weakness on European bourses. But I want to focus on USD here since, in my view, starting from what the dollar is doing is the most important aspect of taking a top down approach to markets. TradingViewAbove is the dollar index - a mirror
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