Daily Brief, January 12,2023: DXY Experiences First Death Cross Since 2020

The Dollar Index Experiences First Death Cross in Two Years The dollar index DXY has been moving below its 200-day moving average. The DXY reached day 50 of moving below its 200-day moving average on the early hours of Wednesday, January 11, 2023, achieving its first death cross in more than two years. The dramatic decline in the value of the dollar has been due to a variety of reasons, and

Read More »