Its looks as though the DXY is finally topping out on the weekly. Notwithstanding some form of massive macro event it looks as though the Fed is all talk, and that they will slow down or pivot. At the very least the dollar is overbrought and people are taking profits. Wither way this is good for risk assets. I expect the DXY to come back to 101 to 102 in the coming weeks.
DXY
DXY
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Disclaimer
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.