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The best days of the US dollar's rally are behind it, currency expert says
The greenback has been red hot, but the rally's days are likely numbered. The dollar index has soared around 8 percent since its February low, but I believe we've seen the top for 2018. A few factors are at play here, including the euro's recent trading pattern and the Federal Reserve's hiking path. Eyeing the euro… The euro is the most liquid, highly traded currency paired against the dollar, and last week traders turned the most bearish on the euro since last April; that was just before it rallied 17 percent. If we see this kind of behavior again, the dollar would come under pressure against a rising euro. Last ... (full story)
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