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Hesitant Santa

Just a dollar thing?

Bullish or bearish, but the most recent squeeze has got a lot of support from the falling dollar. The dollar is a huge part of the current macro narrative.

Source: Refinitiv
Source: Refinitiv
Source: Morgan Stanley
Source: Goldman
Source: Refinitiv
Source: HSBC
Source: Nordea/Macrobond
Source: TS Lombard
Source: Refinitiv
Source: Refinitiv