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🇺🇸DXY (Dollar index)Update
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A Strong dollar indicates where institutional money is Flowing.
10 days ago,I alerted that institutions were bullish on Trump and that money was flowing into the U.S. markets. Although I also predicted they would stop selling in India after elections.
📋Alert:Important to note that a reversal in the dollar index is very necessary. Strong Dollar is not only negative for emerging markets but also extremely negative for the US economy & corporates.
#Macro
🇺🇸DXY (Dollar index)Update
➖➖➖➖➖➖➖➖➖➖
A Strong dollar indicates where institutional money is Flowing.
10 days ago,I alerted that institutions were bullish on Trump and that money was flowing into the U.S. markets. Although I also predicted they would stop selling in India after elections.
📋Alert:Important to note that a reversal in the dollar index is very necessary. Strong Dollar is not only negative for emerging markets but also extremely negative for the US economy & corporates.
#Macro