UnknownUnicorn5026590

My view on DXY over the next month.

Long
TVC:DXY   US-Dollar Währungsindex
As we have seen tremendous efforts from the likes of the EU and America , it begs to wonder if the stimulus will be enough to sustain a longer term correction to the upside of stocks that we have seen as of late. I believe there will be a retreat from the highs that we are seeing currently so I'am bracing my Portfolio and changing my outlooks vigorously in order to move away from a possible connotation that the stock market is making me have of a "dreamland".

Everything is cyclical in life , like the seasons. And with that in mind the economy is cyclical.

I have a bias that we will see economical indicators showing a stalling rebound in Economies worldwide , this propped up by Political tensions from the LIkes of US-China. With this and the view that USD is a safe harbour will make the Greenback go back up , just like GOLD and SILVER have as of late.


Thanks for viewing and reading!

This is not financial advice , Please always consider your own DD and RM.
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