It's beyond me why anyone is chasing the US Dollar up here with the reckless nature of the US Federal Reserve and Government's fiscal house. $30,500,000,000,000.00 debt and ballooning deficits as far as the eye can see. The US Dollar will collapse and we will have a Great Depression 2 in my lifetime. Long term trend line is around 98, once that level breaks, look out below! Last time the DXY was this high was in 2002, 20 years ago when USA had around $5t in debt and running significantly smaller deficits, before that was 1985. Take the road less traveled and short DXY/ buy GOLD
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.