HERE'S THE REAL (BORING) STORY OF THE PLUNGE IN THE US DOLLAR

I wrote about the big dollar selloff for the @Markets newsletter, and why I think it's far less dramatic or significant than people are making it out to be. https://www.bloomberg.com/news/newsletters/2020-07-29/five-things-you-need-to-know-to-start-your-day?sref=vuYGislZ
HERE'S THE REAL (BORING) STORY OF THE PLUNGE IN THE US DOLLARI wrote about the big dollar selloff for the @Markets newsletter, and why I think it's far less dramatic or significant than people are making it out to be. https://www.bloomberg.com/news/newsletters/2020-07-29/five-things-you-need-to-know-to-start-your-day?sref=vuYGislZ
HERE'S THE REAL (BORING) STORY OF THE PLUNGE IN THE US DOLLARI wrote about the big dollar selloff for the @Markets newsletter, and why I think it's far less dramatic or significant than people are making it out to be. https://www.bloomberg.com/news/newsletters/2020-07-29/five-things-you-need-to-know-to-start-your-day?sref=vuYGislZ
HERE'S THE REAL (BORING) STORY OF THE PLUNGE IN THE US DOLLARI wrote about the big dollar selloff for the @Markets newsletter, and why I think it's far less dramatic or significant than people are making it out to be. https://www.bloomberg.com/news/newsletters/2020-07-29/five-things-you-need-to-know-to-start-your-day?sref=vuYGislZ
I know people get really jazzed about "END OF THE DOLLAR" narratives and all that. But there's really no evidence that that's what's going on. Makes for fun tweets though.
One chart that I didn't include, but drives it home further is just the dollar vs. the VIX. You can see how much of the dollar selloff is just obviously a function of the ongoing decline in volatility.
Anyway, sign up for the newsletter here! Not sure what will be in it tomorrow, but it will be something. http://link.mail.bloombergbusiness.com/join/4wm/markets-signup&hash=b9b2681361bede0e1069ca238efb1ec2
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