2022-03-18

US DOLLAR

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
US DOLLAR SINCE ITS REBOUND  WALK IN UP SLOPING CHANNEL BUT LATELY  REACHED THE UPPER TRENDLINE OF THE CHANNEL AND FORMED A SMMAL DOUBLE TOP, STILL NOT A VALID ONE YET BUT IT IS VERY STRANGE THAT DESPITE FED HAWWKISH US DOLLAR AND 10Y YIELDS, ESPECIALLY DOLLAR HAS BEEN FALLING FAST
MAY BE INVESTORS EXPECTED RATE HIKE 50 BPS
ACCORDIND TO FOMC SITE MORE THAN 50% WERE EXPECTED FED WILL HIKE RATE 50 BPS