VSM_94
Long

DXY Looking Bullish comparing past 3 rate hilkes

INDEX:DXY   US DOLLAR CURRENCY INDEX
52 0 1
The Dollar Looks to be on a bullish correction towards previous highs. Although we do not know what the Fed is planning and how far they will raise interest rates within a period of time, we can only speculate that the dollar will rise. The reason behind rate hikes is for the fed to control inflation by manipulating the flow of cash which is a strong indicator for a currency to appreciate.
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