ShukriMahadi

DXY ahead of inflation report (13th april)

Long
TVC:DXY   U.S. Dollar Index
US economy is well on its way to digging itself out of the pandemic
US vaccine rates prompt market and dollar optimism
The Fed will eventualy have to catch up to the market
US economy and yields set to surge higher
Dollar to ride the yield surge, both are headed higher
America is hiring and getting more stimulus
Higher bond yields to prompt investors to re-think their strategies for 2021
The expansion of the Fed's balance sheet results in a rising US dollar
Congress to pursue tougher regulations on big tech and the energy sector
Potential higher growth in 2021 to encourage Fed to wind down QE

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