$DXY - US Dollar Update - recovered from post-election slump
The CW on the Dixie is that its run-up is over and done with and that a new cycle of consolidation has begun Why? Are we not expecting another rate hike in December? Is there some reason to believe that the Europeans will get their house in order? The only thing working for me is my Elliott count which is usually wrong anyway, telling me that it's time for the Dollar to roll over. #FOMC tomorrow may provide some clarity.