Chief Market Strategist Gareth Soloway dives into the Dollar (DXY) breaking down the chart, discussing de-dollarization and the likely next major move. He then gives his Dollar forecast, key trendlines and targets. Next, Gareth analyzes the Dollar/Yen (USD/JPY), EUR/USD and GBP/USD. While the Pound and Euro look like breakouts on the daily chart, the Yen is set to weaken significantly against Dollar. This is likely triggered by the debt-to-GDP of Japan being at 240%. In other words, the countries with the highest debt-to-GDP are likely to see their currencies weaken against other countries. Watch this video and learn more.
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#DollarAnalysis #ForexForecast #GarethSoloway #USDJPY #DeDollarization
The DXY going up is de-dollarization
From Germany: I think the EUR is weak, but USD is even weaker. Europe is not in better shape than the US.
Germany is in the worst shape since the 2. World War. France is near bankrupt, but the debt of the US just went too far too quickly.
That triggered the fear. That is the reason why the EUR went up against the USD.
Gareth disable automatic translation please! It’s horrible and it’s so annoying to disable it on every video! It seems YouTube doesn’t allow configuration on our side.
Every influencer I follow is starting to mention $GROK81D now
Veryfied bullshiter
If $1 really is the bottom for $GROK81D, we’re about to witness one of the cleanest reversals of the cycle.