DXY Makes Highs

23 Eyl 2022

The DXY smashed through our target at 111.37 and established the 112's. We are currently well into the 112's at 112.20 at the time of this writing. As the Fed gets increasingly more hawkish, yields are rising accordingly. We are seeing virtually all assets sell off precipitously aside from the USD which is continuing to rally. We are pressing decades highs against all major currencies.