The market has swung from the US is likely headed for a recession to slow but trend-like growth is set to continue. We have argued against the currency war and race-to-the-bottom narrative that was popular in the press. Now many are swinging hard in the opposite direction. There is a secret agreement to prop up the other major currencies and depress the dollar. Be skeptical.
–Thoughts on Conspiracy Theories of the Dollar’s Losses MarctoMarket