The US dollar is right near the top of the leaderboard today (with the oil producers at the bottom, unsurprisingly)
It’s not a surprise to see dollar strength on any day in the current environment but it’s interesting today because the US is closed. To me it’s a small hint that marginal USD buying is less about repatriation and more about European/Asian/emerging market money finding its way to the US.
FX performance Nov 27
