Next 24 hours: Currencies Retreat on Profit Taking Run
Today’s report: US Dollar Still Has Fight
Interestingly, on Wednesday, US 10-year yields traded above 2.5% and US equities pushed to fresh record levels, highlighted by Dow 20k, and yet, the Buck was unable to join the party. The market continues to be less optimistic about the USD in 2017, seemingly on fear of Trump's protectionist policies and a talking down of a strong USD. read report