Down Goes the Dollar?

Published on
May 30th, 2018
Duration
9 minutes

Down Goes the Dollar?

Trade Ideas ·
Featuring Michael Purves

Published on: May 30th, 2018 • Duration: 9 minutes

Michael Purves, chief global strategist and head of derivatives strategy at Weeden & Co., discusses his long-term trade on the dollar. He explains the key levels to watch on the dollar index in this interview with Justine Underhill. Filmed on May 21, 2018.

Comments

  • ML
    M L.
    2 July 2018 @ 00:09
    Great interview - he lays out his idea and explains all the upside and downside risks. There should be more of these. Thanks
  • DT
    David T.
    23 June 2018 @ 13:47
  • KN
    Kapilan N.
    4 June 2018 @ 01:31
    dxy to 110 by end of this year/early next year
  • JJ
    Josh J.
    31 May 2018 @ 02:04
    Can RV add date filmed on the videos?
    • EA
      Eddie A.
      31 May 2018 @ 16:44
      They do, its in the description.
    • DH
      Dion H.
      5 June 2018 @ 05:43
      "Michael Purves, chief global strategist and head of derivatives strategy at Weeden & Co., discusses his long-term trade on the dollar. He explains the key levels to watch on the dollar index in this interview with Justine Underhill. Filmed on May 21, 2018." You mean like that?
  • DS
    David S.
    30 May 2018 @ 19:54
    Good discussion. I like this program's format. I look at the date filmed as no one has a crystal ball, especially with Italy. DLS
  • OM
    Omar M.
    30 May 2018 @ 18:43
    Sounds like Michale rang the register on his UUP a tad early if this was recorded a week early If the dollar goes does down then all is okay in the world. Move along! But if the Dollar accelerates, I hope Michael comes back and talks about why he was wrong and what changes he made to stay honest with the market
    • OM
      Omar M.
      30 May 2018 @ 18:45
      Did Michael get stopped out when we hit 95?
  • JM
    Jared M.
    30 May 2018 @ 16:48
    Can we get a rebuttal from Alex Gurevich?
    • KH
      Kavi H.
      4 June 2018 @ 01:08
      Agree. Would love to see conter video by Alex.
  • Nv
    Nick v.
    30 May 2018 @ 11:22
    A bit old unfortunately - 21 May vs 30 May publish date
  • SH
    Steve H.
    30 May 2018 @ 10:42
    Technically, DXY has broken an impulsive-looking downtrend with an equally impulsive-looking move to the upside. Sure, its overdue a correction lower, but whether such a move indeed turns out to be just a correction or instead a continuation of the bear trend is unknowable until we see the nature and extent of the pullback. As for medium-/longer-term fundamentals.......I'll see your dollar twin deficits and raise you an utterly dysfunctional EU and an EUR designed at birth for ultimate failure.
    • ML
      M L.
      2 July 2018 @ 00:08
      Sounds like a very US-centric view, with little understanding of the fundamentals of the EU or wider Europe. I'll raise you an utterly dysfunctional US, and trade spat quickly escalating into a trade war wiping out all the fiscal stimulus in a late-stage-in-the-cycle US economy - oh, with a tightening Fed.