2019 2020 2021 ICE: DX US Dollar Index Futures Long-term forecast, up to 115.26 - USDX DXY
ICE US Dollar index futures (USDX, DXY) prices are on the upward trend, and are likely to go higher. The USDX prices are approaching a very important level of 99.1. They are likely to break through that line and that means USDX will go higher. The target price could be 115. When prices fall, it will be a good opportunity to buy.
The exchange rate market is running boring. In the midst of that, US Dollar rate is rising quietly. US Dollar is strong against other currencies.
Many people and experts talk about the collapse of the US Dollar. I agree with them, however, not on the time. The dollar will continue to be strong against other currencies over a few years.
[USDX, DXY, ICE US dollar index futures monthly chart]
The exchange rate market is running boring. In the midst of that, US Dollar rate is rising quietly. US Dollar is strong against other currencies.
Many people and experts talk about the collapse of the US Dollar. I agree with them, however, not on the time. The dollar will continue to be strong against other currencies over a few years.
[USDX, DXY, ICE US dollar index futures monthly chart]