By Henrik Gullberg 04-07-2019
In: hive-exclusives, Economics FX US

Dollar Weakness To Help EM FX (3 min read)

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It may be too soon to tell whether the dollar index breaking below its 200-day moving average will open the door for a long-term decline in the dollar. But, from a long-term perspective, it fits with the narrative that the USD is close to peaking. Indeed, we could even argue that the USD has been close to peaking for several years now, or at least since H2 2015 (see first chart). Since then, the broad…

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