with US government spending back in the red, the Fed's limited interest rate hiking ability, and the draw-down in the Eur/Usd, i am more confident of a short-position on the USD, now.
Note
however, given that the target rate, and expected target rate are not in alignment, i will assume yet another interest-rate hike, to 'tame inflation'. i will call this current up/down swing as being stagflation. the Fed should ease off on its tinkering, but it won't.Note
on 2nd/3rd thought, the US Federal Reserve is going to punish anyone going short the USD; they're mindless - and will kill their economy, before admitting Congress' spending habits are out of whack
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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.