King US dollar bitcoin shines

Dollar upswing continues, but for how long? One thing that never changes in FX, is that you need to be careful when the market has extreme positioning. The weaker dollar trade never unfolded at the start of the year and now currency traders are unsure how much longer the greenback’s strength can last. US growth exceptionalism is driving the move in the bond market and eventually that trade should stabilize. Much of the dollar’s fortunes will depend on how well the US economy performs. Infrastructure spending would be the ‘icing on the cake’ for the cyclical rotation trade. Republicans will have to decide, do … (full story)

Let's Have A Chat ​


please, upload jpg, jpeg, png or pdf files only