Has USD Bounce Got Legs? Where Are The Trading Opportunities? SocGen

Societe Generale Cross Asset Strategy Research notes that the recent rebound in bond yields led by the US, has delivered a relative bounce for the USD against its major counterparts. "The DXY chart may have broken out of a downtrend and may have traced out an inverse head-and-shoulders formation....
Has USD Bounce Got Legs? Where Are The Trading Opportunities? SocGen