diego.quevedosanchez

Dollar index bearish players are starting to win the battle

Short
TVC:DXY   U.S. Dollar Index
If all the data in theory very good, with a more aggressive FED, should push the dollar up, because this is generating a shoulder head shoulder, because the explanation is in the tax reform of Trump, which is overheating and doping the economy of US and if we add tariffs, this is an explosive cocktail, which can be culminated by an EDF raising rates and irremediably leading the US to a recession, this time it would not be different, that's why despite rate hikes and good data in appearance the dollar is fully contained and threatens to fall to 91.50 zone.

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