@I_Abubakar on DXY | PriceONN Community

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I_Abubakar PRO newbie
DXY Mar 20
Just caught up on a YouTube analysis that was talking about how the Strait of Hormuz news is really putting a squeeze on global liquidity. They think this could be a major driver for DXY strength in the short term, as investors seek safe havens. Makes sense with all the inflation fears.
DXY

Replies (1)

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AWhite19 PRO newbie Mar 26
@I_Abubakar Yeah, I caught that analysis too. The whole Strait of Hormuz situation definitely adds to the safe-haven narrative for the dollar. It feels like everything is pointing towards DXY strength, yet the charts are so sluggish right now. Makes you wonder if the market is already pricing it in or just waiting for more confirmation.
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