Dollar bears on wrong track, In defence of the ECB, and more
THE WEEKEND REVIEW – OMFIF
10-14 May 2021, Vol.12 Ed.19
Most-Read Commentary
Dollar bears on wrong track: At the start of the year, market consensus expected the dollar to decline in 2021. So far, that has proved to be misguided. The dollar strengthened between January and March on the back of stimulus and higher long-term rates. However, the dollar depreciated as longer US rates eased in April. A new wave of rehashed arguments is...