kjfxmonk

$DXY US Dollar Update - possible break of the up trend

TVC:DXY   U.S. Dollar Index
Dixie is mired in the 96.50-97.20 area, but with stronger pressure emerging to the downside. $DXY is now moving together with $SPX which is historically weird, but currently that's what's happening. OTOH, I expect a bounce in equities in the coming days, which would bode well for the greenback. $EURUSD 1.1180 still attracts.

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