Being long the US dollar is cool again

in #us7 years ago

— Being long the US dollar is cool again From marketwatch.com Bullish bets on the U.S. dollar became cool again as the currency proved itself against headwinds like trade tensions, geopolitical quarrels and high hopes for the eurozone as investors looked ahead to a widely expected rate increase by the Federal Reserve in June

— The market sentiment tables have turned a bit this quarter, and the ICE U.S. Dollar Index DXY, +0.13% a popular gauge of the greenback, has gained 2% in the month-to-date alone, according to FactSet

— Don�t miss: The strong dollar is a stock-market drag and poses a threat to earnings growth Positioning data based on currency futures activity compiled by the ... (full story)19756544_10208738034083031_6573205424345438593_n.jpg