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Feb
Bannockburn Global Forex -
February 2018 - USD Weakness
January saw extended USD weakness pretty much across the board despite little obviously significant news and no notable movement in yield spreads. While some ascribed USD weakness to evidence of reduced enthusiasm for higher rates in the FOMC minutes, or ECB comments which were seen as opening the possibility of an earlier than expected end to asset purchases, the lack of movement in yield spreads which would typically reflect any changes in...