
The US dollar has "quietly" broken through

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The US Dollar Index (DXY) has broken through a significant downward trend line. Indeed, the 97/100 range still supports the price, but breaking the 200-day moving average (which is rare in this round of the dollar bear market) will multiply the risks. This may be more important than it appears... Bank of America’s Hartnett discusses the dollar: "The shift of the US from exceptionalism to expansionism is the best time to go long on the dollar in reverse."
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