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

Sharing is Caring!

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

See also Repo failures surged 50%, swap spreads hit record lows. Credit card delinquency rates are reaching 2008's levels. When is the rug pull coming?

See also Slow Down? Existing Home Sales Rise YoY For First Time Since July 2021 (Near 2010 Levels, So Barely Rising)

Leave a Comment Cancel reply