The Tuesday HOT Take

October 3

HOT Streak

The US Dollar Index just finished out its 11th consecutive week higher and is working on a 12th which would be its longest winning streak since late 2014.

The $DXY is now 7.5% off its mid-July lows and today’s close at 107.06 is the highest since November last year.

Six-month chart - helloooo green:

One-year:

Twenty-year:

Baby, its HOT outside

September was a toasty one:

In fact the last few days of September and into the first few days of October have been some of the hottest on record across a large chunk of the country.

Records have been shattered - especially the past couple days:

Heat of the moment