The Great American Dream?

What a rather tumultuous time in the US, with President Trump and the First Lady being diagnosed with Covid, and less than a month to the US Presidential Election!

Care to share any of your thoughts on how the USD would perform in the next few weeks?

Here are some comments from a poll conducted by Reuters. Most of the analysist ‘expect the dollar strength to dissipate’. This is a poll of 80 respondents and the poll was taken from Sept 28 to Oct 5.

• "The outlook for the next month or so is messy to be honest, because of the U.S. election... but the dollar will benefit from the ongoing political uncertainty in the next few weeks," said Kit Juckes, head of FX strategy, at Societe Generale. 
• "The dollar is a safe-haven because of its intrinsic qualities and its liquidity - as there's so much debt around the world issued in dollars and because so many business invoices are drawn up in dollars on a day-to-day basis," said Jane Foley, head of FX strategy at Rabobank. "There have been investors wondering if their short dollar positions were sensible in the current environment. And you've just seen some short-covering of dollars certainly."