Analysis: DXY, gold, Treasury yields
The dollar index's quarterly chart is the most important as we heading into the second half of 2022.
Contrary to the popular belief, the quarterly chart suggests the DXY may bounce strongly in the coming six months, putting downward pressure on zero-yielding assets like gold.
Also watch out for a potential breakout in the U.S. 10-year Treasury yield and the bullish development in the US-German bond yield spread.
Contrary to the popular belief, the quarterly chart suggests the DXY may bounce strongly in the coming six months, putting downward pressure on zero-yielding assets like gold.
Also watch out for a potential breakout in the U.S. 10-year Treasury yield and the bullish development in the US-German bond yield spread.
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