From robinjbrooks.substack.com
The Dollar is falling swiftly, in line with my call that 2026 will see a resumption of Dollar weakness after the hiatus in the second half of last year. What’s fascinating is what markets react to and what they ignore. They ignored various assaults on the Fed, including efforts to remove Lisa Cook and the threat of criminal indictment of Chair Powell. That’s remarkable, but – as people say in markets – it is what it is. But markets drew the line last week on Greenland. The Dollar fell very sharply in a move that looks like it’s still building. There’s a lot of similarities between what’s happening now and … (full story)
