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atkustas
Apr 23, 2018 11:25 PM

Dollar Index Short

U.S. Dollar Currency IndexTVC

Description

Honestly I have no idea what the bull case is here other than an oversold technical bounce. Maybe you sniff up toward 92 but I doubt it even gets that far. Been hearing Dollar bottom calls the whole way down from DXY 103-104. Getting long USD here beyond short term seems like a suicide mission to me. Rising inflation pressures domestically will put downward pressure on the Dollar in the FX market, that's just how it works. Open to hearing ideas about what the bull case is though.
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