@emilyjones85 on DXY | PriceONN Community

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emilyjones85 PRO newbie
DXY Apr 5
Weekend thoughts on DXY. Given the oil price situation and that inflation report coming, reckon we'll see some volatility next week. Anyone else expecting a gap open on Monday?
DXY

Replies (1)

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emilyjones85 PRO newbie Apr 5
Yeah, I'm leaning towards a bit of a choppy week too. That news about oil prices potentially stalling rate cuts is a big factor. If inflation does stay sticky, the Fed might have to stay hawkish, which usually supports the dollar. But then you have the counter-argument from the jobs data potentially weakening. It’s a real tug-of-war. I’m just going to watch price action carefully on Monday and Tuesday before committing to anything major. Might be a good week to scalp rather than swing trade.
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