US dollar is probably nearing an end of the rally - Intermarket Strategy Ltd

“US dollar is probably nearing an end of the rally”, says Ashraf Laidi, CEO of Intermarket Strategy LTD, while talking about the central banks and exchange rates with Tip TV’s Zak Mir. Alan Green from Brand Communications is co-hosting the segment.

Will a potential Fed rate hike in December help the US dollar index break above 2015 high of 100.51? – Watch the full video.

Key points

The rally in the dollar index clearly mimics the one seen in 2015, when the greenback rallied ahead of the Fed rate hike.

US economy cannot handle more than one rate hike

ECB could most probably hold the size of the QE program unchanged, but extend the maturity of the QE program

November Fed – Will we see three dissenters followed by a strong payrolls on Friday? That would increase the odds of a rate hike in December

#Dollar, #Euro, #DXY, #dollar index, #trading, #forex, #currencies, #Fed, #central banks, #QE, interest rate, #rate hike, #macro, #technicals, #fundamentals