Has the Buck Topped Here?
Real Vision: Finance & Investing
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Is the Dollar Topped Because the Fundamentals in the US Are Going to Get Worse?
Dollar topped because fundamentals in the US are going to get worse, or is it just that the weakness in the pairs was overdone? I think it's really a combination of both. What's interesting is that in the futures market, so when in the cash market, it's hard to tell who's long, who's short. It's not commercial positions that have been anticipating a bounce in the euro. They're long the most amount of euro contracts since the middle of last year.
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