I’ve said this numerous times in webinars over the past month but, with USD trends pushing higher so far in 2024 it seems as though the ‘natural flow’ of the market is supportive of U.S. Dollar strength as taken from the chart. Yet, it also seems that there’s been a concerted effort from Fed officials to invoke dovish commentary considering the broader backdrop. And that backdrop isn’t great in many areas of the world. Japan went back into recession last week. Chinese markets have been in a vulnerable state for a while now. And there’s percolating worries around Germany, which is the stalwart of the Eurozone and an ... (full story)