The story still is Japanese monetary policy and unwinding of yen carry trade. We have to look from the yen aspect and move away from a dollar-centric view. |
There's a gradual feeling that the ECB is closer to raising rates than first thought, |
We are hearing more and more about China, and that is all that is ever needed to take the dollar lower. |
We've seen better economic data out of the U.K. and that has helped the pound. |