THE US DOLLAR INDEX (DXY) COULD DROP SHARPLY 🚨
For the first time this century, the Fed plans to intervene to support the Japanese yen. $NOM This “yen intervention” involves creating new dollars to purchase yen, which strengthens the yen and puts downward $AXL pressure on the USD. A weaker dollar can benefit the U.S. government, but it signals a major potential drop for the DXY. $ZKC