The US dollar's technical tone remains poor and market psychology is nearly universally hostile toward it. Many believe that US Administration is hostile to the international order and rule of law that previous Amerian administrations constructed and advanced. The de-weaponization of the foreign exchange market one of the hallmarks over the past couple of decades may also be jettisoned. When US Commerce Secretary Ross said that there are always trade wars, offered valuable insight into the Administration's mindset. The world is a hostile place and it is dog-eat-dog. There is no global community. Foreign policy is the ... (full story)