DXY is turning bullish as data shows Economy is contracting

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US eco data shows less people claiming unemployment insurance, with many seeing wage increases.

This means, we could see the Fed increase beyond its tow hikes towards a 6% interest rate handle.

DXY could make a double top, but weakness will mostly be concentrated in the asian economies like China & Japan, but also POUND which I think is totally over valued and expect a drop to parity in the next 24months.

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