Uncle Buck on a rampage against the macro this morning

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  • Post category:Currencies

US dollar (DXY) holds support at the SMA 50

There is a reason I keep an eye on divergences within markets (USD has been one against inflated markets for all of 2021), trends (USD trend is up since January) and support/resistance/moving averages.

Today, even if in microcosm, USD informs us that it is alive and well as of this moment and by extension, a threat to the inflation/reflation sensitive stuff, at least.

us dollar (dxy)

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