The US Dollar wrecking ball is accelerating to fresh YTD highs
136
When the US dollar soars to new highs it will often put at least short-term pressure on risk assets and especially commodities. We've observed with our own studies throughout 2021, most choppy or down stock market weeks were strongly inversely correlated to the US Dollar's bullish movement.
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.
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.