4 reasons to buy back the dollar
From investica.co.uk
The long-term economic and structural cycle is still dollar bullish based on a stronger relative growth potential and improving fundamentals. Much-reduced asset flows into emerging markets also strengthen the case for a dollar advance. The key question is whether it has corrected far enough and there is now a strong case to suggest that it has following the retreat to four-month lows on a trade-weighted basis. After pricing in too much, too soon, the dollar again offers value at current levels, especially against the Euro. 1. The latest IMM positioning data recorded a sharp reduction in Euro shorts to a net figure ...
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