- DXY has had a bullish week, breaking out of a weekly/monthly resistance
- Not the strongest Economic data confluences for DXY, we saw poor retail sales had no negative impact on the US Dollar
- Short term Market Fear sentiment due to Delta variants and Tailban in control of Afghanistan
- US $ dollar gains strength as a safe haven currency
- US / Global Equities seen a decline over the week from highs, VIX created a double top at 24.00 but now back below 18.65 showing us no major sell offs or market fear
- Not the strongest Economic data confluences for DXY, we saw poor retail sales had no negative impact on the US Dollar
- Short term Market Fear sentiment due to Delta variants and Tailban in control of Afghanistan
- US $ dollar gains strength as a safe haven currency
- US / Global Equities seen a decline over the week from highs, VIX created a double top at 24.00 but now back below 18.65 showing us no major sell offs or market fear