With the announcements of upcoming federal funds rate cuts the dollar should start to weaken over time. Over the last 5 years there has been a negative correlation between the DXY and
MFS1! which tracks the global equity market.
While China is not a significant holding of this particular index, it should benefit from a lower dollar as well.
Additionally
BABA we can see that BABA is on the verge of breaking out of its 2 year downtrend.
Upside Target $160
Entry: $85.50
Stop Loss: (10%)
While China is not a significant holding of this particular index, it should benefit from a lower dollar as well.
Additionally
Upside Target $160
Entry: $85.50
Stop Loss: (10%)
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
