Is the USD selloff too aggressive? Bond yields suggest so

Traders continue to sell the US dollar in anticipation of a dovish speech from Jerome Powell on Friday. To the point where we wonder if this could be a case off "sell the rumour, buy the fact". Matt Simpson takes a quick look at the USD dollar index and bond yields.
bondsDXYfedFOMCpowellSupport and ResistanceTrend AnalysisUSDusdindexvideoyields

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