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Dollar Strength Is Hiding In Plain Sight, And One Strategist Says It’s Here To Stay
Overnight, the yen rose against all its G10 peers because Donald Trump has lost his mind completel
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More likely a long overdue, potentially months-long counter-trend rally before the next shoe drops again later.
By the way, it’s not just yen beating the dollar. It’s many of the east Asian currencies continuing to do so.
Symptomatic of global growth and/or the gradual shift of balance in economic power from west to east.
Which is to be expected and a good thing for the world, not bad, as that’s where the most people live.
^ watch what the dollar & US economy does if they try to impeach trump (check the history of the 1970’s)