Traditionally, financial markets could not relax mainly because of one person. It is all about US President Donald Trump. Yesterday, he said that if the head of Sino, Xi Jinping, does not meet with him at the G-20 summit, the United States will impose additional tariffs on Chinese goods. So, as we warned, you should not relax and calm down. Accordingly, buying...
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...