Down Goes the Dollar?

Featuring Michael Purves

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.

Published on
30 May, 2018
Derivatives, Trading, US Dollar
9 minutes
Asset class


  • ML

    M L.

    2 7 2018 00:09

    0       0

    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 6 2018 13:47

    0       0
  • KN

    Kapilan N.

    4 6 2018 01:31

    1       2

    dxy to 110 by end of this year/early next year

  • NJ

    Namit J.

    31 5 2018 02:04

    2       0

    Can RV add date filmed on the videos?

  • DS

    David S.

    30 5 2018 19:54

    0       0

    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 5 2018 18:43

    5       0

    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

  • JM

    Jared M.

    30 5 2018 16:48

    6       0

    Can we get a rebuttal from Alex Gurevich?

  • Nv

    Nick v.

    30 5 2018 11:22

    24       0

    A bit old unfortunately - 21 May vs 30 May publish date

  • SH

    Steve H.

    30 5 2018 10:42

    16       0

    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.