U.S. Dollar Index As A Gauge For The Stock Market

Published: Aug. 11, 2022, 10:16 p.m.

b'"The stock market today is sensitive to economic data releases like the Jobless Claims and NFIB reports. Inflation may have plateaued and can only have peaked after a few months of consistent lower inflation data. The U.S. Dollar price has been desperate for a pullback and I would like for it to finish below $104 this week. I look at the U.S. Dollar Index as a gauge," says James Bentley.'