Watch the Yearly Pivot on the US Dollar Index
Watch the Yearly Pivot on the US Dollar Index
Michael Boutros of StoneX (forex.com) meets with Blake Morrow to discuss the broad markets as the S&P continues to carve out all time highs. Michael discusses his views on the FOMC meeting this week and his personal views on rates and what the next more for the FOMC may be! Michael also gives his technical views on the US Dollar index, DXY, and shows how the bulls have not given up and the yearly pivot will be key for the bulls to take.
He also shows his views on Crude Oil and how he thinks it trades from current levels.
Michael believes traders should have some currency exposure going into 2024 as he thinks that a larger breakout is looming in the market in the FOREX space!
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #MichaelBoutros #SPX #USD #S&P500 #Bonds #Gold #interest_rate_news #Fed #FOMC
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