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The US Dollar Is Not Bullish, but It's Going Up.
i looked at the us. Dollar performance around hiking cycles. Usually it rallies up until the first rate hike, and then rolls over. The path of least resistance is this market to start next week down in that doesn't mean we won't be rallying right by friday after the f o m c,. But i think the chart still's pretty weak, and we could end up starting down first, maybe four thousand or even lower, before the f om c.