Just a few snippets (collated via Bloomberg) from around the place on the US and the USD
Rabobank
- The dollar is still a safe haven for many investors
to support the USD in the near term
- suspect the yen will outperform if safe-haven demand persists
Deutsche Bank
disappointing November employment data, but
- the fear of another big risk-off day in coming weeks is itself limiting willingness to go short USD
Jefferies
- always a natural demand for dollars as you head into year-end
CIBC
- data points to softer China and EU
- implies that global demand is still soft
- US economy slowing
- dollar's liquidity trumps until we see signs that the slowdown outside the U.S. is abating
- miss in monthly wages supports the Fed's dovish pivot over the past few months
- this should support a softer dollar tactical view for the time being
