RE: Bonkers9931 Jul 2018 01:10
I shouted DXY 87 about 18 months before it happened lol, I was a tad early :)
The c80 shout is off the top of my head and based on a baseline that's likely to go lower slower than the highs fall as they can't make/let it plummet because of the turmoil it would cause so it's just another lever for the Fed et al to pull on/manipulate to their own ends.
All told, I'd guess they want to knock c30% off it so DXY at a c70 base for the next year few years sounds about right to me.