🟩 DXY (US Dollar Index)
Move: DXY fell early due to weak inflation and growth, then bounced up on strong job data.
Reason: Market expected Fed to cut rates soon → dollar dropped.
But strong NFP shifted sentiment → Fed may hold off on cuts.
Next Week: If CPI and Fed comments stay hawkish, DXY likely continues higher.
Move: DXY fell early due to weak inflation and growth, then bounced up on strong job data.
Reason: Market expected Fed to cut rates soon → dollar dropped.
But strong NFP shifted sentiment → Fed may hold off on cuts.
Next Week: If CPI and Fed comments stay hawkish, DXY likely continues higher.
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