https://rcp.georgegammon.com/dollarplaybook
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George Gammon05 Jul 2025, 00:00 UTC
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This video provides a fundamental analysis of the U.S. Dollar Index (DXY). It highlights the recent dollar decline, biggest since 1973, and asks if it is the 'end game'. Three steps are used. Step 1 examines the dollar move since 2025 and its reasons like tariff implementations. It pinpoints the role of Trump's policies in the recent move. It is important to consider foreigners selling due to a dislike for Trump, or tariffs or distrust in the U.S.. An expected snap back occurred, after which the dollar resumed its downward trajectory. The presenter notes that the dollar has some inelastic demand. Most dollars outside the U.S. are loaned into existence. Step 2 talks about interest rate differentials. A chart shows the Federal Funds Rate relative to ECB fixed interest rate. He notes that DXY is comprised of other currencies, with 57% being EURUSD. There are thousands of variables. Step 3 analyzes possible downside targets. Also includes historical reference. DXY targets for decline are around 90. In conclusion it all depends on the Fed.
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George Gammon
Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.
