In this weekly note, we highlight 10 of the most important charts or themes we're currently seeing in asset classes around the world.
Dollar Strength Erodes
Sentiment, volatility, and momentum thrusts have all suggested an end to the US dollar wrecking ball. Now price action is confirming the data as the DXY resolves lower from a pennant formation to fresh multi-month lows. From a weight of the evidence standpoint, the dollar is done, and so are the accompanying headwinds for risk assets.
