Time for a pause in the USD rally? – TDS

FXStreet (Barcelona) - Analysts at TD Securities gave us a snippet of an insight into the conditions surrounding the greenback as we enter the final quarter of the year.

Key Quotes:

“The DXY closed out its 12th consecutive week of gains last week—an unprecedented run of net weekly gains since the late 1970s, at least”.

“Drivers of the broader USD rally in the past three months have turned less supportive in over the last few weeks”.

“Seasonal factors suggest we are nearing a period of the year when the USD typically does less well”.