More euro weakness than dollar strength

DXY is effectively the inverse of EURUSD as it is mostly weighted towards this pair. Its commonly understood that DXY strength is mostly predicated upon euro weakness. I forecast EURUSD to weaken and in turn DXY to strengthen. Fairly simple since the fundamentals trend this direction. A US-China trade deal that includes the Chinese buying more US goods also supports this view. Overall, the view is positive for the dollar.

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