HomeLifestyleRetailWhat's Driving The U.S. Dollar (/DX) Higher
What's Driving The U.S. Dollar (/DX) Higher

The market believes the Fed will be able to control inflation, says Bob Iaccino of Path Trading Partners. The Japanese Yen (/6J) is down levels we haven't seen since March of 2020 and the Canadian Dollar (/6C) started to come off last week, both contributing to the bid activity in the U.S. Dollar (/DX). The weakening currencies traded against the Dollar are giving the Dollar strength, adds Bob. Bob's target on WTI crude is $77. He discusses his view on the 30-Year Treasury and the Japanese and German Economic data.

Futures

23 Jun 2021

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