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FTUKcom

A game of two halves for the Dollar, and by default its peers...

Long
Indice devise Dollar U.S. (TVC:DXY)  
FTUKcom  
TVC:DXY   Indice devise Dollar U.S.
Trend Analysis Chart Patterns Fundamental Analysis USD dollar index Bullish Patterns LONG
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trendanalysis chartpattern fundamental usd dollar index bullish long
A game of two halves for the Dollar, and by default its peers in major circles and beyond. However, the turning point or catalyst seemed to come via the resurgence in Bitcoin after reports that Tesla has invested Usd 1.5 bn in the crypto currency. Indeed, BTC and others spiked with the former almost reaching Usd 44.9k before topping out around the same time that the DXY tailed off at 91.288 and pulled back to a minor new 90.897 low. Moreover, the Greenback lost a degree of traction from Treasury yields as 10 year notes and long bonds failed to extend through 1.20% and 2% respectively.
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