U.S. Dollar IndexShort
DXY to fall from 109 to 105
DXY to fall from 109 to 105
Hello traders
DXY is very expensive, and will fall sooner or later, it is just waiting for the Yeilds to fall, and this will need a rise in #UNRATE lower NFP and Higher jobless claims. the FEDS will be pushed to lower rates only if Unemployment starts to rise rapidly.
The inflation seems to be steady in the coming months and FEDS could take more time to lower rates, however they will lower sooner or later, so the Dollar is going to fall.
Hello traders
DXY is very expensive, and will fall sooner or later, it is just waiting for the Yeilds to fall, and this will need a rise in #UNRATE lower NFP and Higher jobless claims. the FEDS will be pushed to lower rates only if Unemployment starts to rise rapidly.
The inflation seems to be steady in the coming months and FEDS could take more time to lower rates, however they will lower sooner or later, so the Dollar is going to fall.
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