💵 After the dollar index entered oversold territory
✔️ It recorded its best performance in months over the past few days.
💬 After some began to talk about "the decline of the dollar's status as a global reserve currency." Today what we see says exactly the opposite:
🔼 The strong rise confirms that the dollar's decline was temporary, linked to an economic cycle rather than a structural change in its status.
✔️ Any hint of monetary easing or easing of trade restrictions will push the dollar directly upwards.
Conclusion
✔️ The dollar remains the strong asset politically
✔️ It responds quickly to the economy,
✔️ It shows rare resilience.