This is the U.S. Dollar Index, this tracks the "strength" of the American dollar compared to other national currencies around the world. Over the last 2 weeks I've been posting about how the Federal Reserve and other financial institutions have been saying that peak inflation is in. This chart is the actual representation of inflation in America. These indicators are looking like the DXY is about to CRUSH through the resistance it has about it and that's a friendly way to say it.
Peak inflation in? The next week will give us our answer. One more level of resistance to break before a new 40 year all time high inflation rate. Here's the data to prove it.
Peak inflation in? The next week will give us our answer. One more level of resistance to break before a new 40 year all time high inflation rate. Here's the data to prove it.
