The US dollar bull market is almost done - CIBC

Discussion in 'Market News' started by ForexLive, Jan 22, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Look for peak around the end of the first quarter From CIBC World Markets: The beginning of the Fed's tightening cycle combined with increasing market volatility might have looked like a recipe for further US dollar appreciation. But the Fed's move was already baked into markets and volatility came alongside a paring back of short positions in other currencies. As a result, the ingredients on hand weren't sufficient to spur another run up in the dollar.

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