$DXY lost its safe-haven bid as oil cooled and risk appetite came back

The week opened with geopolitical fear driving oil above $1000X and pulling capital into the dollar, but that bid faded fast once de-escalation took over. By the close, the market had rotated from risk-off to risk-on, with euro, sterling, and other pro-cyclical currencies catching the rebound while DXY finished with a mild downside bias near its 99.18 weekly high.

Not financial advice. Manage your risk and protect your capital. #Forex #DXY #USDollar #Macro #Trading ✦