Wednesday, 17 July 2013

US dollar bull run

Big Data and stupidity may sometimes be positively correlated. But, and as long the analysis is good and robust enough, the data is certainly the best guide to decision-making in economic and markets settings. Following last week sell-off of the US Dollar it shouldn't be a surprise the bull run of this week, if only investors properly look at the recent economic data, and realize that everything is in favor of the Dollar appreciation. David Bloom, the global head of Forex Research at HSBC, rightly tell us in the presented conversation with  Authers Note of the FT that the Dollar story is the main driver of the Markets in pretty much any asset class, facts to be considered when allocating Capital for the near future.

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