Bearish Yields Can Send USDollar Lower
Aug 6, 2024

10Y Yields vs. DXY

10Y US Yields are falling impulsively within wave C as expected and there can be space even down to 3.25%. If we consider a positive correlation with USdollar Index – DXY, then more weakness can be seen. Is DXY trying to break bearish triangle?

Bearish Yields Can Send USDollar Lower 10Y US Yields vs. DXY Daily Chart
10Y US Yields vs. DXY Daily Chart

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