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Long DXY - lower US rates, USD strength

Long
TVC:DXY   Indice devise Dollar U.S.
Since the surprisingly dovish stance taken by the Federal Reserve at the Jan FOMC meeting, the Dollar Index (DXY) has been on the rise. Price action is especially encouraging against the EUR. If US rates are lower and growth prospects deemed discouraging by the market, what’s driving the USD strength? More importantly, is there any reason to not get involved?

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