Although the USD has gained ground against all G10 peers since the turn of the year, signs are starting to emerge that the tide may well be turning against the greenback, as Fed pricing reaches ‘max hawk’, growth appears to soften, and geopolitical risk seems to dissipate. Having been bullish on the USD for some time now, it feels as if the time has come to take a step back, and re-assess my long-standing view on the G10 FX space. It’s, perhaps, best to start this re-assessment with a recap, of why I was so bullish on the buck in the first place. A view which has proved fruitful, with the greenback – per the dollar ... (full story)