Dxy
DXY
will probably go down to 96 at the end of the year.
People will be taking profits at the end of the year.
US Job reports is on the (+) side (at the time of this writing)
10 year bond is on the (+) side (at the time of this writing)
Inflation will probably go up a bit
Then we have an upcoming increase in interest rates
First quarter next year, the dollar will probably go up 96.5 or somewhere in that range.
Unless of course a political turmoil happens..
DXY
will probably go down to 96 at the end of the year. People will be taking profits at the end of the year.
US Job reports is on the (+) side (at the time of this writing)
10 year bond is on the (+) side (at the time of this writing)
Inflation will probably go up a bit
Then we have an upcoming increase in interest rates
First quarter next year, the dollar will probably go up 96.5 or somewhere in that range.
Unless of course a political turmoil happens..
Comment:
Im getting rusty, i guess....
