Are We On The Cusp Of New Leg Up In Risk Assets?
July 05, 2020 at 11:30 AM EDT
The dollar fell against all the major currencies last week, save the Japanese yen. All five of the best performers (NOK 2.1%, NZD 1.6%, AUD 1.0%, GBP 1.0%, and CAD 0.9%) appeared to take out downtrend lines that were in place since around June 10.