I'd personally want to wait for the Friday close but if the DXY can close above $98.35 this breakout may have some legs.
The 25bps cut seems to have disappointed the market and the Fed's jawboning that this isn't the start of an easing cycle (lol, just like we were a long way from neutral I'm sure eh' Jay?) might give this a bump.
#dollarmilkshaketheory ?
The 25bps cut seems to have disappointed the market and the Fed's jawboning that this isn't the start of an easing cycle (lol, just like we were a long way from neutral I'm sure eh' Jay?) might give this a bump.
#dollarmilkshaketheory ?