@ramesh2662 on DXY | PriceONN Community
What are everyone's thoughts on the correlation between DXY and US Treasury yields? 🤔 I've been noticing that the DXY seems less responsive to yield movements lately. Historically, higher yields would strengthen the dollar, but that hasn't been consistently happening. Could this be due to global risk sentiment overriding interest rate differentials? Or maybe the market is anticipating a dovish shift from the Fed despite the recent hawkish rhetoric? I'm curious to hear how others are interpreting this divergence and how it might impact their DXY trading strategies. Any insights appreciated! 🙏