DXY index page 2
Why Strong Dollar Bothers Central Banks | Daily Market Analysis
Key events: USA — JOLTs Job Openings (Aug) Eurozone — ECB President Lagarde Speaks The technical reversal pattern Shooting Star is formed on the weekly chart of the DXY index. Philosophical Japanese, who gave such a romantic name to this pattern, did not assume how exactly it would tell about the current situation. The superstar of the last year and a half, the unstoppable dollar, has shown this configuration on the W1 timeframe for the first time since it took off. So, the star is falling.
The World Economy has yet to Face its Biggest Inflation Challenge | Daily Market Analysis
Key events: United States - Labor Day Canada - Labor Day UK Composite PMI (Aug) UK Services PMI (Aug) Eurozone Retail Sales (MoM) (Jul)
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