Review of US Dollar Index). These trends, a reflection of cause building, define a market preparing itself for continuation of mark up, not a reversal to mark down. The US dollar Index (UUP), driven by safe haven capital flows controlled by the invisible hand, will rally regardless of Fed policy when ready. Ready, defined the study of price, leverage (DI and CAP), and time for subscribers, is fast approaching.
Ultra low interest rates has been punishing savers and wreaking havoc in the financial markets for years. The Fed either raises rates soon, or prepares itself for the inevitable finger pointing (of blame) when the invisible hand, the true driver of the business cycle and global economic policy, force them to do so under a backdrop of fear, panic, and unexpected market moves - bonds, stocks, currencies, precious metals, etc.
Headline: Global economy worries prompt Fed to hold rates steady
WASHINGTON (Reuters) - The U.S. Federal Reserve kept interest rates unchanged on Thursday in a bow to worries about the global economy, financial market volatility and sluggish inflation at home, but left open the possibility of a modest policy tightening later this year.
Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.