print-icon
print-icon

Mighty dollar on the rise?

DXY is extending the recent px action to the upside. We are hitting the 100 day moving average as of writing. We have not seen the DXY close above the 100 day since June last year.
The big level to watch is at 91.5.
Contrary to the weak dollar narrative, the DXY has actually done nothing since early December.
Pricing assets on the weak dollar narrative could become slightly problematic for various assets should we start pushing the 91.5 level.
Loading recommendations...