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USD is in the midst of a LT secular bull run - TDS

FXStreet (Bali) - Shaun Osborne, Chief FX Strategist at TD Securities, notes that the USD is in the midst of a longer-term, secular bull run.

Key Quotes

"Historically, since the 1970s, the USD has tended to move in alternating waves of strength and weakness for sustained periods that have averaged about eight years in length."

"With the latest transition from a USD bearish cycle to a bullish one looking a lot like the last secular trend change in the 1990s, these patterns suggests there may be three or four more years of USD strength to come."

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