From the desk of Steve Strazza @Sstrazza and Ian Culley @Ianculley
Was that it for the recent bounce in the US dollar?
A little more than a month ago, we began to see broad-based strength in USD emerge on both a short and intermediate-term basis.
Since then, it’s been the central theme in currency markets.
But we’re starting to see signs that this near-term US dollar dominance could be fading as bulls have had ample opportunity to push the USD higher in recent months but have made little progress.