
An SCMP commentary argues the dollar faces further weakness after losing about 10% against major currencies this year. It cites the US twin deficits, a dithering Federal Reserve and President Trump's political troubles.
Speculative positioning is beginning to turn more negative on the dollar.
A continued dollar slide would support dollar-priced commodity prices and US export competitiveness. Stronger currencies abroad could also make imports more expensive for some feed-importing countries.
Setelah 1.637 peristiwa makro bearish sebelumnya, Dolar AS (Luas) bergerak median -0,2% selama 5 sesi (39% lebih tinggi; separuh tengah -0,6% sampai +0,3%), dan -0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.