Brexit Offers Dollar Safe Haven Buying Support, Seifried Says

The transcript discusses the current market situation, focusing on oil and gasoline stockpiles, and the dollar's performance. It highlights the impact of unchanged CPI due to lower gas prices and ongoing Brexit issues. The discussion also covers market uncertainty, interest rates, and the government shutdown's effect on the dollar. Predictions are made about the dollar's strength, resistance levels, and potential contract highs.

What was the unexpected change in gasoline stockpiles mentioned in the video?

• They were depleted completely.

• They climbed.

• They remained unchanged.

• They dropped significantly.

What is one reason for the US dollar's current weakening?

• Weakness in the yen.

• Strength in sterling.

• Strength in the euro.

• Strength in the Canadian dollar.

How does Brexit influence the US dollar according to the video?

• It offers the dollar support as a safe haven.

• It has no impact on the dollar.

• It strengthens the dollar due to increased trade.

• It weakens the dollar due to economic stability.

What is the expected impact of a less aggressive tone for rising interest rates on the dollar?

• It could limit the dollar's strength.

• It will cause the dollar to crash.

• It will significantly weaken the dollar.

• It will have no impact on the dollar.

What is the technical resistance level for the dollar mentioned in the video?

• 95.00

• 97.50

• 99.00

• 102.00