DXY as much as I would like to see the Fed flush this crap down the toilet where it belongs, there is a lot of support right here at this level. Might have a little long opportunity here but I don't know what would be worth selling. Silver, gold, BTC, and stocks are going to eat DXY lunch for the next 3 years.
DXY US Dollar stays firm above 97.50 amid trade pressure and dovish Fed outlook The US Dollar maintains strength above 97.50 following a slight dip in Asian trading. While Initial Jobless Claims declined to 227K, Continuing Claims rose to the highest level since 2021. The FOMC Minutes suggest most policymakers favor a rate cut later this year. Despite mixed economic signals, the Dollar stays supported, though momentum indicators reflect a sluggish rebound.