Another way to look at USD strength

The Bearish USD ETF is exhibiting extremes including being at the higher quintile of historical percentages which it’s trading below its 200 week moving average.

Anecdotally, all I am hearing is about U.S. Dollar strength. Now (the financial media) are calling referring to it as “King Dollar”.

Remember when 2 years ago, they were calling the demise of the U.S. Dollar?

September 27. 2022

by Rob Zdravevski

rob@karriasset.com.au

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