Sources
Robin Brooks
Dollar weakness is cyclical and not structural (i.e. it's not about reserve currency status). Cyclical Dollar weakness is about this chart. US inflation (blue) has slowed, so markets think the Fed will be more dovish than the rest of the G10. No! US inflation is about to rise... https://t.co/P8W0V9ceMt
RedboxGlobal US Dollar Index Slightly Decreases After Data, Last at 98.08, Down 0.15% 📉💵
TheStreet Popular podcaster and New York University professor Scott Galloway argues that the U.S. dollar’s decline — down more than 10% against major currencies and recently touching a three-year low — is a sign of deeper economic concerns. Here's why: https://t.co/vr4LsDx34B https://t.co/fgazwywMJd
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