Market Grows Tired Of Dollar Rally

The Trump trade is feeling tired and as per our warnings on Monday, we are seeing a round of profit taking on US Dollar longs after a meaningful run.

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The Trump trade is feeling tired and as per our warnings on Monday, we are seeing a round of profit taking on US Dollar longs after a meaningful run. We also think hawkish comments from ECB Nagel have factored into some of the Dollar selling.

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