dinsdag 16 mei 2017

Losing Faith? Dollar Index Dive Erases Post-Election Gains

The Dollar Index is now down 5 days in a row. While economic data has been disappointing (potentially leaving a less hawkish Fed - though we doubt it), it appears Trump turmoil is more to blame as dollar-holders lose faith in dollar assets...

The question is; is 3rd time testing this low the charm for a breakdown? Or do we bounce back higher again?