These last few days we haven’t been looking in the right direction, it seems. We were looking at the assets that were prone to falling and failed to ask ourselves one question – what do these falls all have in common? And I tell you what – a growing dollar. That’s right. The greenback has been growing for the last several days and has been the reason for the fall of CAD, EUR, JPY and others. Today also highlights the durable goods order report which is a leading indicator of production activity – the higher the demand the higher the production order is going to be and the healthier the economy is.

And it seems that US economy is doing just fine these days as we see that dollar is not going to slow down with the growth. It is evidenced by the fact that right now the greenback is on the highest point in 4 months.

Use your trading signals to find out more about the current situation!