Dollar DXY Top happens May-June - Biden Policy Catalyst
Updated
DXY can run a bit higher, based on fib extension and candle patterns, this should find a catalyst to move it back down lower. This Dollar Long Mania is similar to the Gold fake-pump at the beginning of Russia-Ukraine conflict
WILMINGTON, Del. - President Joe Biden will draw a contrast between his economic plans and those of Republicans in remarks on Tuesday focused on inflation, a White House official said.
BATTERED U.S. STOCKS MAY NOT BE BARGAINS AS INVESTORS BRACE FOR INFLATION DATA
Biden, a Democrat who is suffering from low approval poll numbers ahead of the November midterm elections, has sharpened his rhetoric against Republicans in recent weeks, dismissing, for example, former President Donald Trump's "Make America Great Again" MAGA movement as extreme.
President Joe Biden will draw a contrast between his economic plans and those of Republicans in remarks on Tuesday focused on inflation, a White House official said. (Getty Images / Getty Images)
On Tuesday Biden will lay out his plan to fight inflation and "contrast his approach with Congressional Republicans' ultra-MAGA plan to raise taxes on 75 million American families and threaten to sunset programs like Social Security, Medicare, and Medicaid," the official said.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Last week Biden took aim at Republican U.S. Senator Rick Scott's economic plan, saying it would raise taxes on 75 million Americans, most of whom make less than $100,000 a year. Scott, who said he planned to cut taxes, is leading Republican efforts to get Republicans elected to the Senate.
WILMINGTON, Del. - President Joe Biden will draw a contrast between his economic plans and those of Republicans in remarks on Tuesday focused on inflation, a White House official said.
BATTERED U.S. STOCKS MAY NOT BE BARGAINS AS INVESTORS BRACE FOR INFLATION DATA
Biden, a Democrat who is suffering from low approval poll numbers ahead of the November midterm elections, has sharpened his rhetoric against Republicans in recent weeks, dismissing, for example, former President Donald Trump's "Make America Great Again" MAGA movement as extreme.
President Joe Biden will draw a contrast between his economic plans and those of Republicans in remarks on Tuesday focused on inflation, a White House official said. (Getty Images / Getty Images)
On Tuesday Biden will lay out his plan to fight inflation and "contrast his approach with Congressional Republicans' ultra-MAGA plan to raise taxes on 75 million American families and threaten to sunset programs like Social Security, Medicare, and Medicaid," the official said.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Last week Biden took aim at Republican U.S. Senator Rick Scott's economic plan, saying it would raise taxes on 75 million Americans, most of whom make less than $100,000 a year. Scott, who said he planned to cut taxes, is leading Republican efforts to get Republicans elected to the Senate.
Note
as the fib extensions show, 105 is possible and would also represent strong resistanceNote
give it time to stall and then fallNote
approaching the parabolic advance "support" if it breaks then faster move down beginsNote
Rejected twice off of the upper Fib range border
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