Dollar Thrashed into Year End
Marc Chandler
December 30, 2017
In the last week of the year, the US dollar succumbed to broad selling pressure. Nearly all the major currencies appreciated by at least one percent against the dollar, save the Japanese yen, which gained about 0.6%. There did not seem to be a macro spark for the sell-off.
Ironically, the consensus appears to be a mirror image of a year ago. …
Ironically, the consensus appears to be a mirror image of a year ago. …
Dollar Thrashed into Year End
Reviewed by Marc Chandler
on
December 30, 2017
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