US $ Continued Decline

[SKULL]

The USD has now dropped into the $96 + range

It's predicted to fall further if the FED Reserve lowers Interest Rates ( expected )

Trump may get the Lower Dollar that he's been screaming for

A lower $ will increase the cost of imports ( along with tariffs ) = INFLATION

The USA looks to be " Living in Interesting Times "

 

[alor]

(10)^2

 

[SKULL]

Slightly surprising is that the $ DXY is back above $97 +

I would have thought that the FED Rate Cut would have dropped the $ DXY down

Good thing I don't trade FX markets, because my thoughts seem to be wrong

 

[STKR]

It's typical for markets to preemptively factor in upcoming events. "Buy the rumour, sell the news".