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Keeping an eye on USD: Van-Petersen

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May 10, 2016 kay, kay van petersen, kay van-petersen, saxo, saxo bank, saxo bank saxo tv, saxo bank trading floor, saxo tv, saxo tv saxo bank, saxo tv trading floor, saxo tv tradingfloor.com, saxotrader, saxotradergo, saxotv, tradingfloor.com, us dollar, us dollar index, usd
Kay Van-Petersen, global macro strategist at Saxo Capital Markets, asks if the squeeze on USD last week - the US dollar index was up 0.87% after the previous week's 2.14% fall - will continue.

Van-Petersen instead favours a tactical short US dollar liquidation theme, though he questions this development should the DXY close above $95 by the end of the week.