US Dollar Index Hits New 52-week Lows

JC Parets
July 18, 2020

Historically, new 52-week lows are not a characteristic of an uptrend. These are things we see when the asset in question is under pressure. With the Dollar Index continuing to sell-off, what are some of the broader implications?

What will this mean for the relentless uptrend in precious metals? What will it mean for Emerging Markets stocks?

First, here's the chart of the US Dollar Index making new 52-week lows yesterday:

Click on Chart to Zoom In

This was one of the major themes we discussed in our Quarterly Playbook last week. Commodities picking up, inflation protected bonds perking up, rotation into emerging markets and cyclicals....

It fits right? To me it all makes perfect sense.

We'll be discussing this at length on Monday's Live Premium Conference Call.

Here are the registration details

Let me know if you have any questions.

See you Monday!

JC

 

 

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