The Dollar Is Sick

  • The dollar has fallen surprising fast against the euro, and the end of that doesn’t seem in sight just yet.
  • The timing and speed of the fall is at least in part curious from an economic point of view as interest rates and bond yields still favor the US.
  • We can’t exclude a modicum of political risk premium creeping into the dollar and out of the euro.

Source: The Dollar Is Sick | Seeking Alpha