What's your view on the dollar for the next month?

A monthly standing thread for dollar views. State your case, the data that would confirm it, and what would make you wrong — the structure forces honesty.

What's your view on the dollar for the next month? — pip movement diagram
How a pip moves the exchange rate

Format:

  • your view and time frame
  • the reasoning (rates, growth, flows)
  • the invalidation point
What's your view on the dollar for the next month? — risk-reward diagram
A risk-reward ratio of 1 to 2

Background: the dollar index explained and bond yields and exchange rates.

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