DXY – THE LONGER TERM CHARTS INDICATE THERE IS A POSSIBILITY THAT THE USD SELLS OFF IN THE NEW YEAR. WE WILL LOOK AT THIS CLOSELY.

by | Dec 26, 2021 | FRAMEWORK, FX WATCH LIST | 0 comments

12.26.2021

We are SHORT TERM USD bearish, due to charts, but the possibility of a sustained USD sell-off is not insignificant and we need to be aware of it.

The US will most likely SPEND tremendously under the current administration, and that has the potential to weaken the dollar significantly.