23
May
Overview: The dollar is finishing the week heavily. It is off against nearly all of the world's currencies. The only exceptions are the Turkish lira and Hong Kong dollar. For the week, among the G10 currencies, only the Australian dollar has not risen at least 1%, Helped by stronger than expected retail sales, sterling set a new three-year high (~$1.3500). Between the tariffs and the budget, the Dollar Index is set to snap a four-week upside correction, even as the...