As we have more cuts priced on the forward curve, this is a dramatic difference compared to other countries which is WHY the dollar is falling on the day.
FX volatility is beginning to roll over as well which is linked with risk flows.
I believe the dollar is going to have another leg lower which will help fuel another leg higher in equities. From there, we will have bigger issues in equity land but for now we rally.
31.01K
106
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.