Overextended, crowded trade
The US Dollar is a crowded trade, nearly everyone is in it because of the obviousness of the YEN and EURO against the dollar, and most other currencies for that matter. If it breaks above 90 this could continue. But, this is the third time the price has been here in that last 6,7 years, and it has retracted every time it hit this level. Commodity prices are itching to go higher.
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