Given your view where do you see the $USD going? DXY at 120 and EURUSD well below parity? Inflation and growth dynamics in RoW point in the opposite direction. Absent another exogenous shock like covid I really struggle to see how Europe and Asia can match the US over the next 2 years.
Really great analysis, thanks!
Given your view where do you see the $USD going? DXY at 120 and EURUSD well below parity? Inflation and growth dynamics in RoW point in the opposite direction. Absent another exogenous shock like covid I really struggle to see how Europe and Asia can match the US over the next 2 years.