DXY is turning bullish as data shows Economy is contracting

US eco data shows less people claiming unemployment insurance, with many seeing wage increases.

This means, we could see the Fed increase beyond its tow hikes towards a 6% interest rate handle.

DXY could make a double top, but weakness will mostly be concentrated in the asian economies like China & Japan, but also POUND which I think is totally over valued and expect a drop to parity in the next 24months.