The dollar is doing its deadcat bounce.. chart looks uglyThere's a lot of noise of dollar going up ... that's pure nonsense
What you seeing now in the dollar is nothing but a dead cat bounce.. the dollar is dead
With the amount of money the FED PRINTED .. the DXY are heading for a steep fall.
There's never a time when the federal reserve do massive money printing and you see the dollar do very well. Just look back at the time when FED BERNANKE was printing like a madman, dollar went down the toilet.
FED POWELL printing more $TRILLIONS than FED BERNANKE ... the dollar is heading for a big fall
When Countries around the World are getting 2nd wave and 3rd wave of coronavirus attack, and you see the US government are feeding like 30 millions of americans right now. You can't turn this around in 6 month.
USD are heading for a big fall, there's nothing FED POWELL can do about it... he can always talk up of a brighter future but no one is going to buy it.