The $ index has dropped below 100, the lowest close since April 2022. This might lead to the funds getting interested in the long side??? Should help exports, long term. This is more of a long-term factor for commodities.
Yes and its probably helping the grains out right now by making our exports cheaper and increasmg demand overseas for them.
is that a bearish flag on the daily chart?
These charts may not be the best but I would agree on the bear flag/pause in the new downtrend!
1. 1 month
2. 1 year
3. 35 years
https://www.marketwatch.com/investing/index/dxy/charts
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