The corrective momentum on the US dollar has dissipated for now as the greenback has regained its safe haven flow. This will now be an interesting test of market outlook. Has the dollar unwound to be a buying opportunity again? Although there is no one event that has driven the shift in sentiment, the selling pressure that is ramping up across Wall Street will certainly have had a part to play in this. This has come as the megacap FAANG stocks (Facebook, Amazon, Apple, Netflix, Google) have fallen into bear market territory, reportedly feeling the pinch of the trade tensions between the US and China. Political risk ... (full story)