I WANT TO SEE DXY CLOSE THE GAP BETWEEN 29/NOV 22 AND 1 DECEMBER 22. EXPECTING STRONG US DOLLAR END OF THIS YEAR. PRICE PAINTING AS EXPECTED AT THE MEAN TRESHOLD WEEKLY OB THEN EXPECTING A DROP DAILY FVG BEFORE HIGHER PRICES.
The U.S. Dollar Index (DXY) soared to its highest in two months, driven by bleak business activity statistics from Europe and the UK, causing significant slips in the euro and pound. These downturns have propelled the greenback to a commanding position, especially with anticipation building around Federal Reserve Chair Jerome Powell’s imminent speech at the Jackson Hole Symposium. The DXY, predominantly influenced by the euro, touched 103.95, marking its apex since June 8 and indicating a possible end to its recent two-month slump.
The U.S. Dollar Index (DXY) soared to its highest in two months, driven by bleak business activity statistics from Europe and the UK, causing significant slips in the euro and pound. These downturns have propelled the greenback to a commanding position, especially with anticipation building around Federal Reserve Chair Jerome Powell’s imminent speech at the Jackson Hole Symposium. The DXY, predominantly influenced by the euro, touched 103.95, marking its apex since June 8 and indicating a possible end to its recent two-month slump.