Real-Rates Are The Catalyst For A Near-Term Dollar Bounce

Authored by Simon White, Bloomberg macro strategist,

The dollar has risen marginally despite the latest tariff angst, yet it remains oversold on a short-term basis, with real rates supportive of a bounce against several other currencies.

One of the most dispiriting things you can read in a strategist report is, we are “structurally short, tactically long” on some asset.