The Dollar may struggle to return to winning ways – SocGen

Dollar bullish momentum fades as yields slip. Economists at Société Générale analyze USD outlook.

The Middle East is an obvious tail risk

High real yields have ceased drawing in buyers and technically the bullish pattern has broken down. 

If expectations do not change of another Fed rate increase or Oil prices do not shoot back up, the Dollar may struggle to return to winning ways. 

The Middle East is an obvious tail risk.

See: It really looks like the Dollar's best days are behind it – Commerzbank