Stephen Roach - 35% Dollar Crash To 2011 Lows Warranted.
https://www.bloomberg.com/opinion/articles/2020-06-08/a-crash-in-the-dollar-is-coming h/t @EffMktHype
(chart)
Correlation Switch - Sell America
In recent days, $SPX has rocketed to new highs while the dollar has weakened.
Today, we may be beginning to see a switch in correlation where $SPX and $DXY move lower in unison. I emphasise the word ''May ''
MASSIVE DOLLAR SELLING BY CHINA
$USDCHF move notable. $CHFCNH Is Flying And Is A Proxy For China's CFETS Basket. (Buying CHFCNH = Selling Dollars ).
Is China Repeating Its 2015 Playbook selling Dollars To Gain A Back Door Devaluation. Full Explainer Chart 4 #FX #DXY #USD
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