The dollar is holding up remarkably well ... and I am wondering if the steep fall in commodity prices is causing stress among leveraged names and creating a short-term demand for dollars.
Another scenario is that we are merely seeing Europe reducing dollar shorts ahead of the Easter break. This is also highly plausible and possibly short-lived. Longer-term investors might be tempted to use the dollar's rebound to sell into again.
What is your opinion about this?
Another scenario is that we are merely seeing Europe reducing dollar shorts ahead of the Easter break. This is also highly plausible and possibly short-lived. Longer-term investors might be tempted to use the dollar's rebound to sell into again.
What is your opinion about this?
