The USD may be weaker, but it does mean that its bad. Because a softer USD, some assets are starting to trend higher.
We will do a comparison between the USD and some of these assets or commodities, to see how reactive they are when the USD has trended lower in the recent months.
Soybean Oil Futures & Options Ticker: ZL Minimum fluctuation: 1/100 of one cent (0.0001) per pound = $6.00
Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.