Mark McCormick
Editor-in-Chief, CoinDesk
Ticker
Side
Mentions
Opened
Entry
P&L
Thesis
Theme
Source
Long
Mar 02
$27.33
+1.9%
The dollar is strengthening as yields rise and global growth concerns mount. The U.S. is energy independent relative to Europe/Asia. An energy shock hurts net-importers (Europe/Japan) more than the U.S., widening the growth differential. Higher U.S. yields attract capital to the USD. LONG USD. Specifically against low-yielders like EUR or currencies exposed to trade shocks. Coordinated central bank intervention to weaken the dollar.
The dollar is strengthening as yields rise and global growth concerns mount. The U.S. is energy independent relative to Europe/Asia. An energy shock hurts net-importers (Europe/Japan) more than the U.S., widening the growth differential. Higher U.S. yields attract capital to the USD. LONG USD. Specifically against low-yielders like EUR or currencies exposed to trade shocks. Coordinated central bank intervention to weaken the dollar.
Macro
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