DXY drops to 52-week lows, reaching April 2022 levels.

July 14, 2023 9:24 am by CWR

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DXY has broken down to new 52-week lows

Reaching levels seen in April 2022 pic.twitter.com/HYpmPEae0s

— Game of Trades (@GameofTrades_) July 13, 2023

The US Dollar Index, $DXY, is now trading below 100.00 for the first time in 15 months.

Markets may finally be buying the narrative that inflation is falling. pic.twitter.com/M26eiQ4JDl

— The Kobeissi Letter (@KobeissiLetter) July 13, 2023

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See also Believing this rally lasts year-end? Pure fantasy. U.S. 1-month momentum hits record overbought levels unseen since 2007. Flight to safety intensifies.

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