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USD: Mindset shifting to 'sell the rally'
It seems the narrative on the dollar is slowly moving onto its next chapter. Now that the Fed has connected the dots between Trump’s trade war and US business confidence, it seems that any news on increased trade tension is having a diminishing marginal positive impact on the dollar. Instead it seems the market is slowly but surely gaining confidence that the dollar is coming to the end of its eight-year bull run. Here, other banks have joined our view that President Trump might consider direct intervention to weaken the dollar later this year. The dollar also failed to gain any real benefit after a very rare 0.3% ... (full story)
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- Jul 12, 2019 10:31am Jul 12, 2019 10:31am
- RossEdwards
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- Jul 12, 2019 12:44pm Jul 12, 2019 12:44pm
- fxsport
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...because you never know - until you do!
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- Jul 12, 2019 2:32pm Jul 12, 2019 2:32pm
- RossEdwards
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Warning: A Dangerous Subversive: 1% of comments CoCed