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Is the dollar set to turn back down?

Summary:
Fed rate hikes are not bullish for the dollar despite that widely held belief, but that does not necessarily mean the dollar is heading for a turn.

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Fed rate hikes are not bullish for the dollar despite that widely held belief, but that does not necessarily mean the dollar is heading for a turn.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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