MARKET NEWS
The Dollar Saw a Nice Bounce in July. Where Currency Pros Expect It Will Go Next. - BARRON'S
Wall Street’s currency strategists are unwilling to give up on the dollar weakness call despite last month’s strong performance. Investors came to terms with tariffs while gross domestic product numbers evidenced growth, reversing a chunk of the dollar’s double-digit decline going into the month. To the foreign exchange community, regardless of the recent bounce the dollar is headed lower.
