Takeaway: Hedgeye TREND resistance for US Dollar Index is $81.29

The new Public Enemy #1 to the purchasing power of Americans (Janet Yellen enter stage right) will be front and center in Washington this Thursday. Will she eliminate economic gravity expectations for the U.S. to ever taper?

Ever?

Will the foreign exchange market reverse all of last week’s US Dollar's gains? Hedgeye TREND resistance for US Dollar Index is $81.29

The Dollar's (New) Public Enemy #1 -  USD

Trade :: Trend :: Tail Process - These are three durations over which we analyze investment ideas and themes. Hedgeye has created a process as a way of characterizing our investment ideas and their risk profiles, to fit the investing strategies and preferences of our subscribers.

  • "Trade" is a duration of 3 weeks or less
  • "Trend" is a duration of 3 months or more
  • "Tail" is a duration of 3 years or less

Anything longer than 3 years is unpredictable