The current account argument has come back into the picture and today's data feeds into it.
More Quotes from Meg Browne:
The market remains bullish dollars. It's looking to take the dollar to new highs for the year. The overwhelming theme is Fed monetary policy.Meg Browne
There is an underlying positive tone for the dollar which is coming through between the politics of Japan and Germany. The underlying dollar story is interest rates. People are becoming a little more convinced the Fed is going to hike to 4 percent by the end of the year.
Meg Browne
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