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24 September 2020
7 min read

Are the Turkeys coming home to roost?

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It's all been dollar talk recently here at Macrodesiac.

And rightly so.

The dollar rules king.

But while we've been focused on USD, I reckon it's right to look at what a rising dollar could cause...

Just a recap of where we lie with the dollar index first though...


We've seen a really vigorous rally over the past week or so to break that key level at 93.90, and naturally, since the euro makes up about 57% of the index, our euro trade has really come off nicely...


As I mentioned a few days ago, it seems

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