DXY Double Bottom
large institutions do not react to facts, but to expectations
many wonder why the dollar is rising with record inflation over the past 30 years
because the fear was already taken for granted, we knew it from the beginning of the year
now the expectation is an anticipated rate hike .. hence a strengthening
I don't think the Fed will do anything by the end of the year
technically DXY has the double bottom target at 97 .. theoretically
many wonder why the dollar is rising with record inflation over the past 30 years
because the fear was already taken for granted, we knew it from the beginning of the year
now the expectation is an anticipated rate hike .. hence a strengthening
I don't think the Fed will do anything by the end of the year
technically DXY has the double bottom target at 97 .. theoretically
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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.