Is It Time to Buy the U.S. Dollar Index?

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June 18 (Bloomberg) -- On today’s “Insight & Action,” Bloomberg Television’s “Money Clip” Host Adam Johnson examines central banks monetary policies. (Source: Bloomberg)

You better pay attention.

Time for insight in action.

We got the minutes from the bank of england's meeting which happen on june 5. here's what we learned -- mark carney is saying, all of you trade -- traders think that we will have liquidity indefinitely and rates will stay low, do it better they could get.

They are surprised that traders don't already sense that changes in the air.

Here's why we care in the u.s. our economy is actually better than the economy in england.

If they are thinking about rates going up in england, maybe we should think about that.

Gdp is about 3.1%. here, it is three point four percent.

Cpi, 1.8, 1.9. similar.

Finally, unemployment.

In the u.k., it is 6.6%, we are at 6.3%. if the u.k. is saying to traders, hey, we will start taking about rates higher at some point in the future.

We, here in the u.s., given that we are better off economically, we should about the same thing.

That means higher rates, a higher dollar.

You can see why the vast majority of currency strategists followed by bloomberg are talking about a time to buy for the u.s. dollar index.

This gets you to about 84. this is why the head of citi was on bloomberg radio saying that this thing is going higher.

We are doing better off economically.

He will take a look at a couple of stocks for you.

This text has been automatically generated. It may not be 100% accurate.


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