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Monday, February 27, 2023

Fundamental: When to Get Short USD

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Alert Alert Feb 28, 2023, 1:30am
 
Fundamental: When to Get Short USD
The dollar feels like it mildly overshot last week on month-end flows but I don't have any strong compulsion to get short USD yet. Rate differential charts generally look close to equilibrium. Here are a few I would highlight: {charts} And the large divergence between copper and AUDUSD has been closed by a big reversal in copper. This chart shows the full ...
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