DXY/USD
DXY/USD: Negative real yields, U.S. virus woes, European stimulus and the federal Reserve's QE have all been cited as drivers for dollar weakness. I expect the green bucks next move to be a strong bullish rally, and that its part of a fresh flight to safety. Most spectators think the dollar has been weakening but it was simply retracing to pre corona ranges/ before risk assets March meltdown. Its also close to the bottom of the range that held throughout a tumultuous 2019.
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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.