Something is happening... Lira is at 5.95, Argentina peso crashed down 3.30 % currently at 45.36 and US Dollar was flying then cooled off, back going up Turkey is starting to crash, there CB messed up apparently, we are at the danger zone
Nothing new. Trend to smash emerging market currencies well underway for quite some time. USDX 1st station at 104 was easy. Next station 122
I don't see any evidence USD is moving significantly! So title ought to be : Why Is The US Dollar not moving Lately ?
Jeff Snider is one of top US monetary analyst in the world, he's an absolute freak... Surprised you posted a video of him, he is not really known
“Well, thats the end of this trade deal for now. Meanwhile, lower US deficits equal less dollars globally = higher dollar. Also, the RMB and all others tends to weaken to offset the increase in tariffs. Supply chain breaks will slow down global trade. Buy dollars. Buy bonds.” - Raoul Pal