The dollar has been absolutely BOOMING since news broke of the invasion. However, Q has mentioned "dead cat bounce" a few times, which is basically a fake out break out. The price of an asset rises dramatically, everyone thinks it'll continue going up, then BAM, the rug is pulled out from under and it collapses.
Also, looking at the Dollar Index (DXY) chart, there is a good chance it'll continue to boom so the banks can mitigate their open positions, and then there will be a SHARP decline. Like falling off a cliff sharp. But banks have open positions that must be mitigated first. Very important.
The dollar has been absolutely BOOMING since news broke of the invasion. However, Q has mentioned "dead cat bounce" a few times, which is basically a fake out break out. The price of an asset rises dramatically, everyone thinks it'll continue going up, then BAM, the rug is pulled out from under and it collapses.
Also, looking at the Dollar Index (DXY) chart, there is a good chance it'll continue to boom so the banks can mitigate their open positions, and then there will be a SHARP decline. Like falling off a cliff sharp. But banks have open positions that must be mitigated first. Very important.