currently DXY is in a very strong support zone after a sharp decline due to lower inflation expectations in the US and as a result of less action expected from the Federal Reserve. Recession and possible global risk can make the dollar very strong and demand will be faced. A lot of data will be released until February 1, which is the Federal Reserve meeting, and they’ll be driver of the market. reopening of China has caused a sharp increase in the prices of commodities, especially copper and linen, and oil was also associated with growth last month, which can lead to suspicious inflation for January. Technically, the dollar is in the strong support of its multi-year channel, which can face growth.
and this is not good for stocks, Crypto and metals at all…((((:
and this is not good for stocks, Crypto and metals at all…((((:
