# Dollar Breakout Starts To Infect Other Markets

> The Dollar Index broke above its 2018 trading range and rallied toward its 65-week EMA, with the broader USDU ETF crossing above its 200-day moving average. The analyst notes that momentum indicators are now mostly bullish, though the long-term signal remains negative.

- Date: 2018-05-02 · published 2018-05-02T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/65214-dollar-breakout-starts-to-infect-other-markets
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A confirmed dollar breakout would raise the cost of US commodities for importers and pressure dollar-denominated prices across grains and oilseeds. The signal is a technical view rather than a fundamental shift in supply or demand.

## Read by commodity

- DXY: bullish ▲

## Sources

- articles.stockcharts.com: https://articles.stockcharts.com/article/members-articles-pring-2018-05-dollar-breakout-starts-to-infect-other-markets/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.