WallStForMainSt: A Tale of 2 US Dollar Indexes Diverging

  • Tuesday, 11 June 2019 23:06
The US Dollar Index is diverging against the Trade Weighted U.S. Dollar Index or Broad Index https://fred.stlouisfed.org/series/TWEXB which measures the US Dollar against 26 other currencies and updates the weighting yearly (rather than never) like the older US Dollar Index. The regular US Dollar Index has been showing weakness lately with the US Dollar Index failing to get to or stay above 98 with 6 different tries since November 26th, 2018. And now after recent comments from Fed members about rate cuts as early as the Fed's June meeting (and up to 4 rate cuts in the next 12 months) and potentially QE in the near future the Dollar Index is now at the recording of this video at 96.71 which is getting close to the 200 day moving average for the US Dollar Index at 96.52. So which US Dollar Index is right? The US Dollar Index showing weakness or the Trade Weighted Dollar Index showing the US Dollar near its all time highs? Trade-weighted US dollar index Wikipedia Definition: https://en.wikipedia.org/wiki/Trade-weighted_US_dollar_index 1) The (Trade-Weighted) U.S. Dollar Is Headed To All-Time Highs https://seekingalpha.com/article/4254661-trade-weighted-u-s-dollar-headed-time-highs 2) The (Trade-Weighted) U.S. Dollar is Headed to All-Time High https://www.iris.xyz/learn/equities/u-s-dollar-is-headed-to-all-time-high Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 51 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**

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