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RE: Keep a close eye on US Dollar

in #vincentb6 years ago

Update on 15-Oct-18: The $USD appears to be struggling to stay above 95.0 (it is $95.06 at the time of writing). This is a critical juncture. If it falls below this level and stays down, the days of the $USD as a reserve currency could be numbered.

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Update on 31-Dec-18: The $USD is struggling to go higher than 97.50 (currently 96.25). If it falls below 95.00, it is likely to give long-term sell signal which could result in it losing its reserve currency status. The situation over the next few days is, therefore, quite critical in assessing its future.

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