DXY Long Position
Updated
Haven't update my idea for quite long time.
As we all know US government bond yield has climbed up so high, and market is still waiting for futher signal from US Fed.
I believe current trend won't change until US Fed has further reverse action. However it is not possible based on current U.S domestic situation with Covid 19 still threating people and government has such high expectation on new economic stimulation plan.
Good Luck
As we all know US government bond yield has climbed up so high, and market is still waiting for futher signal from US Fed.
I believe current trend won't change until US Fed has further reverse action. However it is not possible based on current U.S domestic situation with Covid 19 still threating people and government has such high expectation on new economic stimulation plan.
Good Luck
Note
Well, with correct logic I came up with a opposite direction. As US Fed stay put, there will be a significant ecpectation of inflation on oil, stock and other commodity currency
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