OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Dollar continues to march higher

Posted by Buygold @ 8:29 on July 29, 2025  

right along with tech, which goes up no matter what is happening. Rates are down about 3 bips though, which is a little surprising to someone, but I’m sure not everyone.

Everything else is pretty much flat. Oil, crypto, Dow, PM’s and shares, etc.

Personally, I think this is setting up nicely, especially if we manage to hold $3300 and $38, or at least close to it until tomorrow around Fed time. I suspect this dip has to be bought. If they don’t cut, at minimum they will talk dovish. The pressure on Powell is too much for him at this point.

JMHO, and I know nothing. 🙂

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.