### Comment:
Dollar started strengthening even during QE at the tail end.... once the fed communicates the end of the policy, the market begins acting like it already happened. So in this case, QT has already ended as far as the market is concerned.

### REPLY:
You see, the other world currencies are even worst and QE even more hence why the USD is still gaining relative strength. Canadian central bank has 0 ounces of gold haha

### END.