Behold rare USD strength

It is the 4th notable time that the DXY hits a monthly Overbought RSI reading. Monthly Overbought readings in the U.S. Dollar Index (DXY) portends a peak or at least some stifling and sideways travel for the U.S. 10 year bond yield. Even through the rate hike mania of the early 1980’s, if you queued … Continue reading Behold rare USD strength