RBC like a tactically long USD trade

Author: Eamonn Sheridan | Category: News

RBC says US dollar is signalling that the rally recently has further to go.

  • says the sharp sell-off has stalled near the lows of 2018 (RBC referring to the Bloomberg $ spot index)
  • prices need to drop below these lows to see the downtrend resume
Is initialising longs following to dollar's extended sell-off

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