DXY : The D is strong
The chart above explains.
As I explained previously, there is still some juice left - approx 25% - for the dollar to advance.
The more it moves UP, the more 'expensive' it becomes, until eventually, demand evaporates - as with all $--denominated assets.
As always, watch the US10Y.
Good luck.
As I explained previously, there is still some juice left - approx 25% - for the dollar to advance.
The more it moves UP, the more 'expensive' it becomes, until eventually, demand evaporates - as with all $--denominated assets.
As always, watch the US10Y.
Good luck.
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