US Dollar bulls continue to drive, and this was seen against the Euro, British Pound, and the Japanese Yen over the past week. The big question now is whether we’re on the cusp of another trend similar to what showed in the first nine months of last year, when USD strength dominated currency markets as driven by higher rates across the US treasury curve. On the fundamental front, US data has shown strenth as illustrated again on Friday with the release of PCE data for the month of January. This is the Fed’s preferred inflation gauge and since the September report (that was released in October), PCE has continued to ... (full story)