DXY outlook for 2023.
DXY is the talk of 2022. The index of the Dollar had a massive bull run, followed by the decline of other assets and currencies around the globe. The rise of DXY came from FED's hawkish policy and indecisive actions from other central banks.
For now, DXY strength seemingly declined, as most eyes are looking into cheap assets to buy. However, DXY will have a bounce to at least 109-110 zone in 2023. FEDs will decide on any movement after that. And if we are right, it will be a life-changing opportunity to buy assets for the next 10 years.
For now, DXY strength seemingly declined, as most eyes are looking into cheap assets to buy. However, DXY will have a bounce to at least 109-110 zone in 2023. FEDs will decide on any movement after that. And if we are right, it will be a life-changing opportunity to buy assets for the next 10 years.
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