The AI rally has a new test — a rising dollar: Chart of the Day
The AI rally’s next test is not earnings, chips, or the Fed. It is the dollar. The US Dollar Index (DX-Y.NYB) is breaking above the 100/101 zone, a level that has flipped between support and resistance in recent years. The so-called Dixie is also printing a fresh one-year high, putting the dollar back on investors’…
