U.S. Dollar IndexShort
DXY to crash to 103.60 then 100.20
Hello traders
We expext the #DXY to crash hard in the coming 60 days from 107 to 103.60 then 100.20
Why the #DXY did rise ?
As Trump won,m the Investors weighted that the inflation will rise, as Trump prmoting Tax cuts for corporations, this tax cut is inflatory, as well as Trump would increase the US national debt to fund his programs, this is also inflatory.
As inflation will rise, the Feds will have to keep the Interest rates higher for longer, consequentely the Yeilds rose, as have noticed the #US10y rose from 3.5% to 4.5 % in short period of time. and dragged the DXY higher with it.
As the market cools off, and inflation numbers start to come down, as well as #unemployment rates start to rise the FEDs will have to lower rates, and the yields will come down.
So, we expext a very strong move to the down side in the DXY in teh coming days.
Best luck...
We expext the #DXY to crash hard in the coming 60 days from 107 to 103.60 then 100.20
Why the #DXY did rise ?
As Trump won,m the Investors weighted that the inflation will rise, as Trump prmoting Tax cuts for corporations, this tax cut is inflatory, as well as Trump would increase the US national debt to fund his programs, this is also inflatory.
As inflation will rise, the Feds will have to keep the Interest rates higher for longer, consequentely the Yeilds rose, as have noticed the #US10y rose from 3.5% to 4.5 % in short period of time. and dragged the DXY higher with it.
As the market cools off, and inflation numbers start to come down, as well as #unemployment rates start to rise the FEDs will have to lower rates, and the yields will come down.
So, we expext a very strong move to the down side in the DXY in teh coming days.
Best luck...
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