USD Daily Updates

26 December 2017

Happy holidays! We'll be back after the New Year!

Updated 
Short term outlook
Neutral

As the dollar weakens on the poor inflation outlook, we are downgrading the dollar to neutral. Note that the currency is trading within normal conditions in the short-term time frame. Our analysis is based on various technical indicators when looking at a daily chart of the US dollar index. 

Medium term outlook
Neutral

As the dollar rebounds from its lows in early September, we are upgrading the US dollar to neutral. The currency is neither overbought nor oversold today, and trades within a normal range. This is based on technical indicators when looking at a weekly chart. 

Updated