DXY. Where do we go from here?
U.S. Dollar Currency IndexTVC
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⋅ Just a pause in a longer term downtrend in the dollar? Or is this a change of direction?
Inaction from Congress and lack of effective options for the FED have added to strength.
If Congress steps in with more Fiscal support I expect this downtrend trend to resume and the risk on trade will be back in full swing. Until then...