DXY has gone down for 8 months while EURUSD, AUXUSD, and USB30YUSD and many others have done great.
I will take profits today on GDX and SIL in my 401k. I will go long on UUP in my 401lk. I went short on a CADUSD future last night and EURUSD future this AM in my margin account. I am ready to short US equities (SPXUSD, NAS100USD, DJI), bonds, and commodities. A strong dollar is "deflationary" from a US perspective. Traders can wait for confirmation or take precautionary measures as desired.
I will take profits today on GDX and SIL in my 401k. I will go long on UUP in my 401lk. I went short on a CADUSD future last night and EURUSD future this AM in my margin account. I am ready to short US equities (SPXUSD, NAS100USD, DJI), bonds, and commodities. A strong dollar is "deflationary" from a US perspective. Traders can wait for confirmation or take precautionary measures as desired.
Comment:
AUXUSD should be XAUUSD