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S&P 500 Index
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Fed manipulates dollar and euro

214
After FED started buying American stocks (including junk American corporate bonds) SP500 became a zombie and so USD and EUR since Dollar Index / EURUSD are strongly correlated with SP500. You can see the artificial zombious SP500 build up, and the same replicated bricks in Euro. This is not "trading". Wherever FED decides to drive the stocks market, so euro and dollar will go. The entire forex lags after SP500 - researchgate.net/publication/334027980_Lead-lag_Relationships_in_Foreign_Exchange_Markets





Note
El-Erian on Fed buying the stocks - youtu.be/a79ylK7cnvs
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Chart PatternsdollarDXYeuroEURUSDindexTechnical IndicatorsS&P 500 (SPX500)Trend AnalysisUSDJPYusdx
ICFX
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.