This graph demonstrates the last 5 years.
In March of 20 US starting spending heavily on Covid.
In January 21 Biden enters and retains the same fed chair and the US $ improves.
In November 21 The signs of inflation look like they are not transitory the US $ peaks and begin a bear market.
Today we languish 95.50 in a downturn that should take us to minimum 92 and if really bad 90.
There is big money to be made in trading the dollar on the downside.
In March of 20 US starting spending heavily on Covid.
In January 21 Biden enters and retains the same fed chair and the US $ improves.
In November 21 The signs of inflation look like they are not transitory the US $ peaks and begin a bear market.
Today we languish 95.50 in a downturn that should take us to minimum 92 and if really bad 90.
There is big money to be made in trading the dollar on the downside.