The US dollar’s ‘smile’ looks painted on
Only a return of more aggressive US Federal Reserve (Fed) easing speculation or a switch out of relatively expensive US stocks seems likely to wipe the US dollar’s smile off its face.

Currency markets still appear to be in thrall to the so-called “US dollar smile” – the model that posits two extreme scenarios which both tend to boost the US dollar.
Commentary,USDollar,CurrencyMarkets,FedPolicy,EconomicOutlook,RiskAversion,MonetaryPolicy,InterestRates,SafeHaven
Only a return of more aggressive US Federal Reserve (Fed) easing speculation or a switch out of relatively expensive US stocks seems likely to wipe the US dollar’s smile off its face.