cryptoboater

a follow up on my top call on $DXY last December 16th.

Short
TVC:DXY   U.S. Dollar Index
$DXY 4 hr. This prick move the #usd made above 96.65 to test 97.07 again isn't hugely surprising but just hugely annoying. I thought the new local top might be a lower. It is likely being made to look better buy the EU potentially falling apart, and with it the Euro potentially being replaced with national currencies again. There have been oddities in Forex recently, also, though the FED has used dovish language lately to assuage and pay lip service to the Stock market, they lie of course, and are in fact still trying to prop up $DXY and cause stocks to correct by reducing their balance sheet and thereby the quantity of money in circulation. This is similar to a slow coin burn that creates short lived pumps like the one we have been seeing, but has no underlying effect on FA.

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