The US dollar has definitely run out of steam here.
The $SVB Financial (SIVB.US)$ collapse is a sign that something "broke" with the Fed's unprecedented tightening. A weak $DXY is generally good for equities, particularly China and other EM equities/currencies.
$USD/CNY (USDCNY.FX)$ $CNY/USD (CNYUSD.FX)$ $iShares MSCI China ETF (MCHI.US)$ $Kraneshares Tr Bosera Msci China A Sh Etf (KBA.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $iShares China Large-Cap ETF (FXI.US)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $Global X Funds Global X Msci China Real Estate Etf (CHIR.US)$ $Kraneshares Tr Msci Emerging Markets Ex China Index Etf (KEMX.US)$
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