You say bad days, but the Fed has been trying to reduce the strength of the Dollar, so if all is said, the DXY should be pushing lower, much lower.
Fed has “absorbed” 90% of treasuries since Sept (news headline) also, the Fed is expecting to inject $350-$500 billion in Repos this next week or so and they are talking/or did increase their Inflation target.
I say it’s bad for the dollar, but it’s exactly what the Fed has been trying to do.
Fed has “absorbed” 90% of treasuries since Sept (news headline) also, the Fed is expecting to inject $350-$500 billion in Repos this next week or so and they are talking/or did increase their Inflation target.
I say it’s bad for the dollar, but it’s exactly what the Fed has been trying to do.