With more and more pressure from the crashing Treasuries and Turkish Lira, DXY is about to fully embrace its uptrend, and will soon begin pushing the Euro down harder than other pairs (EUR crosses are finalizing the correction and should move lower sharply).
It is possible that following the tectonic shift in yields and Lira exchange rate, a deep systemic crisis in the European banking system will develop: I suspect that Deutsche Bank will need a bailout, adding its share to the global market meltdown.
It is possible that following the tectonic shift in yields and Lira exchange rate, a deep systemic crisis in the European banking system will develop: I suspect that Deutsche Bank will need a bailout, adding its share to the global market meltdown.
