DXY, Bullish
US Treasury yields slump post-FOMC meeting & NFP has raised above its expectations. https://www.google.com/amp/s/www.dailyfx.com/news/us-dollar-dxy-latest-the-fed-s-dovish-nudge-sends-the-us-dollar-tumbling-20230202.html/amp
My point of view on dollar might continue to raise in the next few weeks, with the next resistance level: 105.36. From this article, the markets are expected to price in one more quarter-point rate increase on March 22 before the Fed. This might cause the dollar to continue to grow with increasing interest rates.
My point of view on dollar might continue to raise in the next few weeks, with the next resistance level: 105.36. From this article, the markets are expected to price in one more quarter-point rate increase on March 22 before the Fed. This might cause the dollar to continue to grow with increasing interest rates.
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