Bullish scenario USD / weak market ahead:
This long-term chart shows a 12 % correction after double top pattern that goes hand in hand with the FED monetary.
A weak dollar is always bullish for the stock market, because companies US goods cost less then imported producs. On the other side, if the US-Dollar gets stronger, EU-Companies wont buy that much producs In USA. They have to spend more money then before.
Conclusion:
Overseas companies will make less sales and that has an important impact on economic growth.
Your strategy:
You can play currencies directly,
wait for small correction to buy stocks cheaper
or take options to hedge (thats very expensive!)
Good luck for your trading.
This long-term chart shows a 12 % correction after double top pattern that goes hand in hand with the FED monetary.
A weak dollar is always bullish for the stock market, because companies US goods cost less then imported producs. On the other side, if the US-Dollar gets stronger, EU-Companies wont buy that much producs In USA. They have to spend more money then before.
Conclusion:
Overseas companies will make less sales and that has an important impact on economic growth.
Your strategy:
You can play currencies directly,
wait for small correction to buy stocks cheaper
or take options to hedge (thats very expensive!)
Good luck for your trading.