DXY
suffered a massive sell of earlier in the year just to snap the fall and bounce back up strongly. Looks like the greenback was supported by increasing interest US rates and the rising Treasury yields, but its hit the Oct 2017 highs. With the protectionist US policies and power and geo-politico-economic struggle between US and China, and US and the rest of the world I don' believe that the dollar is going to keep moving up. The recent bounce looks like a temporary entrancement in cyclical trend down.
DXY
suffered a massive sell of earlier in the year just to snap the fall and bounce back up strongly. Looks like the greenback was supported by increasing interest US rates and the rising Treasury yields, but its hit the Oct 2017 highs. With the protectionist US policies and power and geo-politico-economic struggle between US and China, and US and the rest of the world I don' believe that the dollar is going to keep moving up. The recent bounce looks like a temporary entrancement in cyclical trend down.