Dollar. Lately our attention has been averted from it. We saw more and more news focusing on precious metals and oil and commodities demonstrated much-needed growth. But all of that was just until dollar was willing to move. Right now the situation is rapidly changing.

Although we see no definite movement from the greenback, there are definitely some as precious metals have already shed some of the price gained over the last week. Although oil is still growing, I would argue that it is only until we see a definite up movement from the greenback.

So, what has happened? Well. For the last four days dollar showed us no signs of life – it was mostly flat which didn’t really upset up as we could see the climb of other assets. But right now the situation is changing a bit.

Just like that dollar started to nudge a little bit higher against the basket of major peers. The impact was already felt by pound and euro as well as precious metals which were among the first ones to shed prices.

In case the greenback goes on with the growth, we are going to see even more declines. And all of them are going to be much bigger and much more dramatic.

I do not suggest we wait until that really happens and act now. For starters – use your trading signals to sind out what the greenback is doing right now. Then you can decide what to do next.