If you look at my previous DXY analysis you will see that I had DXY coming up to the zone it is currently at. Although, I do believe that DXY will be be bullish for the month of august - the smart thing to do would be to wait for this weeks upcoming data to come out to see which direction DXY will be headed.
FED is hoping to cut rates up to 3 times this year and until then I am looking for the dollar to rise.
FED is hoping to cut rates up to 3 times this year and until then I am looking for the dollar to rise.
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