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As the US dollar attempts a comeback, are markets wrong about the Fed?

From xm.com

{video} The US dollar is showing signs of life again, notching up its best week since September of last year and reaching a five-week high against the euro. From a technical perspective, the dollar index – a gauge measuring the US currency against a basket of six peers – has a few more hurdles to climb before it can claim to have emerged from its bearish phase, while from a fundamentals standpoint, the Federal Reserve is getting closer to hitting the pause button on its rate hiking cycle. So, is this latest bounce a false signal or are the groundworks being laid for a trend reversal? Markets started betting on a Fed ... (full story)

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  • Category: Fundamental Analysis