[Video] What the FICC?: US Dollar Index Rips Higher

Ian Culley
March 7, 2023

It's the weekly currency edition of What the FICC?

Dollar and rates were big themes last year – rising in tandem – and continue to be as we head into March.

It shouldn't come as a surprise as the next chart reveals the crux of the story…

Check it out!

https://youtu.be/5kf3_tmeiJk

As we near the one-year anniversary of the inaugural rate hike, the rising rate environment and strong positive correlation between the dollar and US treasury yields remain intact. Nothing has changed.

Based on this information alone, it’s hard to have a bearish USD outlook.

Click here to read the post.

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