EM and Asian FX Break Points that Will Inflect Risk
USD bull energy appears unabated amid yield dips and risk on phases. Red flags are brewing for USD breakout levels in EM and vulnerable FX in Asia.
- USD bull energy appears unabated amid yield dips and risk on phases. Red flags are brewing for USD breakout levels in EM and vulnerable FX in Asia.
- The greenback will find a short term top ahead or into the Fed rate hike. A USD pullback in July/August if viewed as a fresh buying opportunity.
- We see September/October (will start in August) and Q1 2023 as windows for USD power moves/breakouts that would lead equity risk (bear phases).
Full analysis here:- https://www.smartkarma.com/insights/em-and-asian-fx-break-points-that-will-inflect-risk?utm_source=tiger_community
By Thomas Schroeder, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/thomas-schroeder?utm_source=tiger_community
On Dollar Index (DXY CURNCY):- https://www.smartkarma.com/entities/u-s-dollar-index-usdx?utm_source=tiger_community
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