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What everyone must know about the US Dollar: Sea change coming?
How, Why, and Other Details: It may be changing, but not because it moved up with stocks after the US jobs reports As we reviewed last week’s market action and its lessons for this week, we wanted to alert everyone to something very significant that may be happening with the US dollar and why it matters so much. One of the most potentially important charts of the past week came from Morgan Stanley’s currency team, which in essence suggested that the USD may be evolving from a safe haven currency into a risk currency. That means that how the USD both influences and is influenced by other markets could be reversing ... (full story)