US dollar index (DXY) eyes 96 and the 50% Fib retrace
Funny how “dollar collapse!!!” is no longer part of the ‘analysis’ by gold bugs, inflationistas and commodity bulls. It has been replaced by rationale like ‘it’s the best of a bad bunch (of global currencies)’, which I agree with due to USD’s reserve status.
But still, if you were going to scare us with and promote the dollar collapse stuff previously Mr. Inflationista, why abandon that tactic now?
Oh, wait…
For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by PayPal or credit card using a button on the right sidebar (if using a mobile device you may need to scroll down). Keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar. Follow via Twitter @NFTRHgt.