Dollar's Downside Correction may Not be Over, but Macro Story Still Favorable

The US dollar weakened against all the major currencies last week. We had anticipated that the greenback would start this past week on a firm note, but we thought that without much new data, and the stretched daily technical readings, the risk favored a pullback. In our understanding, the wide...

Dollar's Downside Correction may Not be Over, but Macro Story Still Favorable