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‘The World’s A Nicer Place When The Dollar’s On The Back Foot’
Amid a dearth of news, the dollar continues to be the story.
The greenback headed for a third daily decline Monday, as Bloomberg's gauge looks poised to close 2019 lower. The euro rose a fourth day to the strongest since August 13.
There's not a whole lot to say about this. Markets are expecting the consummation of the interim trade deal between the US and China, and funds are trimming longs into quarter- and year-end. It's good news for EM, that's for sure. Both equities and FX have pushed to
The vaunted “Trade Deal” that makes all this land of milk and honey mentality into the reality is a false narrative as it is really only a lull in the trade war……In 20-20 hind site the trajectory of the Dollar will (maybe) tell yet another story…Maybe !!!!