|
South Central Iowa | Well, the Dollar index has gapped down under support at 99.43! I was looking at this last Sunday http://talk.newagtalk.com/forums/thread-view.asp?tid=695113&mid=591...
This is good for exports if the Dollar can extend this weakness. After gaining against the Dollar in December and January, the Brazilian Real has been sideways since February on the back of a strengthening USD. But the BRL is preparing to possibly gain against the USD, and a dropping Dollar will help a lot. It will stymie Brazilian selling and give our exports a price advantage.
If the DXY can get under 99.00, it has some room to the downside. More of my chart-talk from last week on it in that link.
CRASH THE DOLLAR ! ! !
Edited by Conan the Farmer 3/26/2017 19:56
 (DXYMarch26.png)
Attachments
----------------
 DXYMarch26.png (81KB - 32 downloads)
| |
|
We have green
