DXY Finance

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Asset Appearances

Tue, November 14, 2023 | 11:53AM ET
Mark
Mark L. Newton, CMT AC

Head of Technical Strategy
Tue, November 14, 2023 | 11:53AM ET
Dollar unraveling quickly, this is the biggest USD decline (DXY) since Jan of this year- and following the playbook of rates pulling back (R=.43 over past year of Correlation between DXY and TNX, moderate correlation) I discussed Emerging markets last night and seeing strong follow-through in EWW, EWZ, EWY and to a lesser extent, China, though FXI is sitting right at resistance ahead of Biden/XI meeting and this might be catalyst for this to break its downtrend- DXY chart below- i expect weakness to 103.50 initially
Assets

Assets

Trending crypto assets in our research
Asset Price Chg%
BTC
$67,891.75
+3.00%
ETH
$3,265.48
+2.87%
SOL
$182.13
+5.52%
STX
$0.01
-1.70%
MKR
$2,635.28
-0.71%
STX
$1.86
+3.31%
OP
$1.73
+1.89%
BCH
$377.64
+3.54%
AVAX
$28.62
+5.08%
USDC
$1.00
+0.02%

^Prices as of 2024-07-27 00:30:02