After falling incessantly for over a year (since The Fed hiked rates in Dec 2016), the Dollar Index has gone nowhere for 3 months. Holding around the 90 level, with small oscillations, despite all manner of geopolitical, economic, and market shocks. The reason for this relative calm - while volatility elsewhere explodes, as former fund manager Richard Breslow notes, is that there are too many theories out there.
Deciphering The Dollar - One Trader Warns "There's Too Many Theories"
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