Note that the rise in the dollar started on April 18, the same day that the HKMA seemed to defend the peg in a very enormous way. This indicates to me that this rise in
DXY is not a short squeeze, and more of a fundamental issue caused by need for dollar funding.
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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.