Good Morning
Higher oil mechanically improves America’s terms of trade and creates a strong dollar bid against energy importing peers who have to buy dollars to pay for oil (Europe).
The US is structurally far more insulated from energy shocks than most G-10 countries, that is why we are bullish.
Growth expectations are shifting in America’s favour and the DXY keeps holding firm above 100.

Dax 23k target smashed
Oil blew past $108
EURUSD next
(Called it in post below) x.com/SpecsTrading/s…

Miad

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