The USD would ususally move according to the USD strength i.e. DXY.
Lately, it hasn't been the case.
There could be multiple theories around it..from fundamental to political to technical.
I am wondering what gives!
One plausible explanation is may be the Fed policy has gone beyond what's needed. But then again, it's pretty much set in stone now!
Is it a coincidence that this is happening around G20 and North Korea missile launch?
Or may be Fed has something to do with it? But then again..Fed is never really out of the news. They are taking backseat most in last 10 years though. And it's good.
So what gives? Is it Trump? He alienated Yellen and now she has made sure that the policy won't change even if she is removed.
That fiscal stimulus better be coming soon.
Lately, it hasn't been the case.
There could be multiple theories around it..from fundamental to political to technical.
I am wondering what gives!
One plausible explanation is may be the Fed policy has gone beyond what's needed. But then again, it's pretty much set in stone now!
Is it a coincidence that this is happening around G20 and North Korea missile launch?
Or may be Fed has something to do with it? But then again..Fed is never really out of the news. They are taking backseat most in last 10 years though. And it's good.
So what gives? Is it Trump? He alienated Yellen and now she has made sure that the policy won't change even if she is removed.
That fiscal stimulus better be coming soon.