U.S. Dollar Index

Short

Updated

DXY (Inverted) Short Bias for the Week

I will be looking for new lows for the DXY, as the dollar continues to devalue possibly sup 90's. With the fed letting inflation run to the 2% "average", meaning 5 years of a non-2%-inflation mandate, we can possibly see a further devaluation of the dollar to new lows, possibly even the high to mid 80's by the start of Q4.

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EUR/USD upside target

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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.

Related publications

Nasdaq (NQ!) Record Extensions Above 1-Month BB (08' vs 20')

Real Yields vs. Gold (Divergence of the Year)

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.