US Dollar Index vs 10Y-03M Yield curve (LEADING Indicator)
The real U.S yield curve (Blue) suggests that the U.S. Dollar (Yellow) may weaken over the next 12 months.
The main beneficially will be Japanese YEN who haven't moved monetary policy for over 42 years. Currency pairs are relative to move so I see the Yen appreciating, followed by the EUR.
The main beneficially will be Japanese YEN who haven't moved monetary policy for over 42 years. Currency pairs are relative to move so I see the Yen appreciating, followed by the EUR.