Does the Prospect of a Strong US Recovery Alter the Dollar's Profile

Written by John Kicklighter, Currency Strategist
We’ve seen the dollar endure significant volatility over the past week; but not much direction has come out of it. From pulling itself up from the next leg of a long-term decline to fading its aggressive recovery, the market’s most liquid currency is clearly at the mercy of fundamental uncertainty. As has been the case for many months, the market is having to weigh two significant fundamental themes and each is taking a different path.