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The economic and financial reaction to the global pandemic has triggered a surge in the US dollar, which itself may amplify the disruption that is evident throughout the capital markets. The macro analysis piece (The Economic Tsunami that has Begun and the Drive for Cash) focuses on the fundamental considerations behind the greenback's surge. This piece focuses specifically on the price action itself.
One way to conceive of the price action is that it is a reflection of psychology. Not the Freudian psychology of the id, ego, and superego, of course, but crowd