The Week Ahead: Is it time to buy the U.S. dollar?

Six months ago it was hard to believe that the Greenback will be plummeting against all of its major peers. Back then the Fed was the only central bank tightening monetary policy, economic data was very supportive and most importantly Trump’s expected policies of cutting taxes as well as spending on infrastructure were meant to push the dollar higher. The USD index peaked on 3rd Jan and since then it was moving in a down trend with declines exceeding 10%.

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