DXY looks bullish taking in consideration the commitment of traders and also the seasonal tendencies
For mor in deppth analysis i am expecting two major equal higs to be taken out and then we can discuss for dxy moving down. The cut rates at the end of the month January doenst at all influence my analysis since the cut rates are already priced in and at the last Fed Speech they said that there is no need to rush for the 2024 cut rates.
For mor in deppth analysis i am expecting two major equal higs to be taken out and then we can discuss for dxy moving down. The cut rates at the end of the month January doenst at all influence my analysis since the cut rates are already priced in and at the last Fed Speech they said that there is no need to rush for the 2024 cut rates.