DXY/ZN Ratio Chart - USD Is Nearing Target Against 10Y US Notes
The longer-term trend and the cycle of the USD in a comparison with 10Y US notes ( DXY /ZN ratio chart). It can slow down later this year or in 2023, but if there will be recession, then USD can face another big leg up before an important shift occurs. GBP could stay weak in the meantime and it can even retest the 2020 lows first.
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