DXY monthly Consolidation
Nothing goes up forever. We also have the US mid-term elections starting so there is an air of uncertainty around the markets.
If the status quo remains politically, the Fed's monetarism will continue and the DXY should go higher.
If things change after the mid-term elections, monetary policy may also change. We have to wait and see.
Currently, the only people winning are the ones who don't have a directional bias.
If the status quo remains politically, the Fed's monetarism will continue and the DXY should go higher.
If things change after the mid-term elections, monetary policy may also change. We have to wait and see.
Currently, the only people winning are the ones who don't have a directional bias.
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