Our Top 10 report was just published. In this weekly note, we highlight 10 of the most important charts or themes we're currently seeing in asset classes around the world.
Bifurcation Looms In The Currency Complex
As the US Dollar has caught a bid in recent weeks, our custom equal-weight index of the G-10 currencies is finding resistance at a perfectly logical level. We’re receiving bifurcated signals from the currency complex all-in-all, as many risk-on currencies are approaching key inflection points. In saying this, the currencies that have held up the best during the Dollar’s recent bout in strength have been those more closely tied with commodity-rich economies. This adds credence to our global growth and Commodity Supercycle thesis.
