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The US Dollar Index (DXY): How much higher can it go?
On February 11th, the US announced that Russia could invade Ukraine any day. Since then, the US Dollar Index has moved from a low on February 11th of 95.64 to a high today of 99.42, a move of nearly 4% in less than a month. The US Dollar, the Japanese Yen, and gold are a few examples of safe haven assets that investors buy when risk moves lower. The markets hate uncertainty. Therefore, with the uncertainty surrounding the onset of the Russia/Ukraine conflict, stocks began moving lower and sentiment moved from “risk-on” towards “risk-off”. Flows began moving into the DXY. What are safe havens? However, war ... (full story)
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- Mar 7, 2022 10:29pm Mar 7, 2022 10:29pm
- realdream333
- | Joined Jan 2013 | Status: Member | 30 Comments
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- Edited 2:01am Mar 8, 2022 1:40am | Edited 2:01am
- fontu
- Joined Mar 2008 | Status: Name real with real own way | 181 Comments
Not understand?better not follow my analyses!doubt clearer first, risks ++