Uncle Buck rampaging to target #2

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 It has been replaced by rationale like ‘it’s the best of a bad bunch (of global currencies)’, which I agree with due to USD’s reserve status.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…

dxy

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