FX Daily: Dollar shows fresh vulnerability to oil price drops
USD: Softer momentum continues The dollar continues to trade with a soft undertone. That, to us, is a mix of some aftereffects of AI-related concerns (Corewave bonds had another wobble yesterday) and stretched longs/ short-term overvaluations being unwound. That said, the dollar no longer looks particularly stretched on our short-term valuation metrics. Across the G10, ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
