DBD Strategy Daily - 23 July 2015
​Despite weak commodities, commodity currencies have not lost much ground against the Dollar. This means the Dollar itself has been weakening. We are at a juncture where we could easily have a local USD sell-off over a few weeks - 3 to 8 weeks.This would not bear consequences to the long-term trend, which remains bullish. It would simply end the consolidation that started in March with a little surprise for many investors.
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