Our short USD trade explained

Our short USD trade explained. Expecting rates not to rise this year. This blog post will be written with a brutal tone, because I think the market will be brutal to the USD in the months ahead. The Fed statement coming out tonight could be a turning point to kick it all off. I do not see the US raising interest rates ever again, that might be a bit extreme, but certainly not in the short or medium term, this year at least. Our analysis on US growth and inflation is awfully bearish - no matter how chirpy the mainstream views are and how strong the US stock market is. Read more... (VIEW LINK)