DXY has been having an amazing rally performance for 2022 to say the least !That of course, due to Geo Political issues going on with the world.
On Macro, money-printing has already destroyed masses pockets and savings ever since Covid took place back in March 2020 when it was labeled a Pandemic from WHO.
It took two years for The Federal Reserve to come in to that conclusion openly, as previously it was just 'transitory inflation'.
We have seen Markets Plunge while the strengthening of
DXY continued with a mix of raised interest rates that were put to 0% from 2020 to the beginning of 2022.Some People say there's no correlation between
DXY and the Markets, that is simply not true, just non sense and clearly no fundamental over that hypothesis.TRADE SAFE!
Note
*H1 close-up (edited)
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Disclaimer
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.