Why the dollar is weak – FT
Authers dishes on the weak dollar.
You know our suspicions (and just that – suspicions – as nobody really knows with certainty), which should negate some of this morning’s reversal on the president’s comments that sent shorts scrambling. Unless that is, we see a dramatic turnaround in the world’s perspective of the Trump administration around the world.
Maybe in for a short-term bounce as the flamethrower seems to have been shelved in Davos, for now, but longer-term doubtful.
Almost hit the 87 measured move we targeted last week.
John Authers explains why the US dollar is so weak, and how it distorts perceptions of other markets
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Source: https://macromon.wordpress.com/2018/01/25/why-the-dollar-is-weak-ft/
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