Stephen Roach - 35% Dollar Crash To 2011 Lows Warranted.
https://www.bloomberg.com/opinion/articles/2020-06-08/a-crash-in-the-dollar-is-coming">https://www.bloomberg.com/opinion/a... h/t @EffMktHype
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https://www.bloomberg.com/opinion/articles/2020-06-08/a-crash-in-the-dollar-is-coming">https://www.bloomberg.com/opinion/a... h/t @EffMktHype
(chart)
Correlation Switch - Sell America
In recent days, $SPX has rocketed to new highs while the dollar has weakened.
Today, we may be beginning to see a switch in correlation where $SPX and $DXY move lower in unison. I emphasise the word & #39;& #39;May & #39;& #39;
In recent days, $SPX has rocketed to new highs while the dollar has weakened.
Today, we may be beginning to see a switch in correlation where $SPX and $DXY move lower in unison. I emphasise the word & #39;& #39;May & #39;& #39;