Chasing dollars...

Dollar - still chasing potential

DXY continues the powerful break out. This is one of the more important charts out there at the moment. Big assets that break out of huge ranges matter, and this one is huge.

There are less people talking about the weak dollar logic these days, but nevertheless there are people still short it.

CTAs have flipped to net longs, but not everyone is a CTA...

DB on the USD from earlier today: