DXY. Where do we go from here?
Just a pause in a longer term downtrend in the dollar? Or is this a change of direction?
Inaction from Congress and lack of effective options for the FED have added to strength.
If Congress steps in with more Fiscal support I expect this downtrend trend to resume and the risk on trade will be back in full swing. Until then...
Inaction from Congress and lack of effective options for the FED have added to strength.
If Congress steps in with more Fiscal support I expect this downtrend trend to resume and the risk on trade will be back in full swing. Until then...
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.