DXY/USD

DXY/USD: Negative real yields, U.S. virus woes, European stimulus and the federal Reserve's QE have all been cited as drivers for dollar weakness. I expect the green bucks next move to be a strong bullish rally, and that its part of a fresh flight to safety. Most spectators think the dollar has been weakening but it was simply retracing to pre corona ranges/ before risk assets March meltdown. Its also close to the bottom of the range that held throughout a tumultuous 2019.

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