DXY Targets 104-105 as Fed Resumes Hiking Cycle
The thesis leans on a 1990s analog: in that cycle, DXY ripped from 90 to 97 right around a late-cycle Fed hike after an extended pause, then kept climbing until the next cutting cycle began.
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The thesis leans on a 1990s analog: in that cycle, DXY ripped from 90 to 97 right around a late-cycle Fed hike after an extended pause, then kept climbing until the next cutting cycle began.
The won became the first Asian currency to clear a 24-hour trading window, a structural shift that lets Korean exporters and investors hedge positions around the global clock.