Revisiting the January call for a lower US dollar

  • Rumours of the death of the USD ... not exaggerated

Back in January I posted on a two-pronged reason for a lower USD:

  • steep up trend line for the USD appears to have been broken
  • first year of Trump's Presidency #1 was a downtrend for the USD

Here's a link:

I drew a maybe support line now, just under the current rate. Comments welcome!

Weekly DXY chart 11 April 2025 2

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