USD 06 (Nov 15 - Dec 24)

[behappyalways]

Imagine that. Futures traders are still net short the dollar according to Goldman.
https://twitter.com/Mayhem4Markets/stat ... 9378038937

[behappyalways]

Perhaps the greenback has some catching up to do?
https://twitter.com/Mayhem4Markets/stat ... 1303262593


Oh look, hedgies have seen the light and are going net long the dollar (as other specs remain quite short)
https://twitter.com/Mayhem4Markets/stat ... 5726577041

[behappyalways]

The Dollar Index (DXY) is in the middle of a massive rally.
https://twitter.com/biancoresearch/stat ... 0653863187

[behappyalways]

Dollar longs build as market participants realize that the greenback isn't going anywhere anytime soon.
https://twitter.com/Mayhem4Markets/stat ... 4729008284

[winston]

The US dollar super bubble may finally be popped – by the Israel-Gaza war

The effects of war and inflation could send US financial markets into a tailspin, forcing China to completely ‘unpeg’ from the dollar – which could then collapse

by Andy Xie

The escalating war in the Middle East could be the straw that breaks the back of the US dollar super bubble.

As oil prices rise and the US budget deficit widens, bond yields will surge.

This is likely to pop the stock and property bubbles in the US, then everywhere else.

China’s surging trade surplus and wage inflation will only add pressure to its unofficial dollar peg. Once that “peg” breaks, the dollar will collapse.

Source: SCMP

https://www.scmp.com/comment/opinion/ar ... 053dbbd98a

[winston]

The Dollar Decline Has Started

by Imre Gams

If the Fed overshoots raising rates, the economy will eventually start cooling down. At this point, the Fed will go back to its old playbook of cutting rates and printing money to help stimulate the economy.

At the beginning of October, DXY was up nearly 4% year-to-date. As of writing, DXY is now up just 0.37%.

Based on my analysis, I expect at least another 10% decline or so before the dollar stabilizes.

Source: Jeff Clark Trader

https://dailytradealert.com/2023/12/17/ ... s-started/

[behappyalways]

Robert Shiller Warns Of 'Cataclysm' For US Dollar Reserve Status If Confiscated Russian Assets Given To Ukraine
https://www.zerohedge.com/geopolitical/ ... ian-assets

[winston]

The Dollar is in Danger

by Imre Gams

Currency brokers offer up to 40x to 50x leverage. So even if you only use a fifth of what a broker is offering you, you can still use 10x leverage.

10x leverage on a 2% move now becomes a 20% move instead.

An overbought RSI and strong resistance at 104 is a dangerous combination for the dollar.

I’m betting the dollar will stall at this level once again… and then start falling.

Source: Jeff Clark Trader

https://dailytradealert.com/2024/01/23/ ... in-danger/

[winston]

China looking to pare down its United States debt holdings

China, the second-biggest foreign holder of US Treasury securities, cut its holdings by US$18.6bil to US$797.7bil as of the end of January from December.

Since April 2022, China’s holdings of US Treasury bonds have always been below US$1 trillion.

China will likely increase holdings of gold and other assets to further diversify its foreign exchange reserves.

Source: China Daily

https://www.thestar.com.my/business/bus ... t-holdings

[behappyalways]

Dollar's golden cross and some more...
https://twitter.com/themarketear/status ... 0592993394