GregFolin

$DXY Dollar Continues to Take a Beating

TVC:DXY   U.S. Dollar Index
DXY -- Dollar Index is the most important market right now. US deficit went from 7% to 40% of GDP in Q2. Bonds are quarantined at the Fed. So it is showing up in a tanking dollar and soaring gold prices. That is also driving a rotation into commodities and producers and a rip in $TIP.

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