European Stocks Rise as U.S. Inflation Data Eases Fed Rate Hike Fears 
Asian Stocks Rise as AI Chip Rally Lifts South Korea, Japan 
Barclays Warns U.S. Stock Rally May Be Detached From Fundamentals 
Gold Prices Slip From 10-Week High as Fed and Hormuz Risks Shape Outlook 
UK Economy Posts Surprise June Growth as World Cup and Hot Weather Lift Activity 
US Dollar Slips as Weak Retail Sales Reduce Fed Rate Hike Bets 
Trump Imposes New Tariffs on Drone Imports Over US Security Concerns 
France Inflation Rises 2.4% in July as Consumer Prices Increase 
Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build 
China Automakers Accelerate Global Expansion as Domestic Car Sales Slump 
Add as a preferred source on Google
We, at FxWirePro, have been calling for selloffs in the dollar for quite some time now. This chart from Bloomberg, shared by Paul Dobson shows the continued weakness in the green buck. The dollar has given up all of its post-Brexit referendum gains and now is back to pre-Brexit lows.
Current rate hike path, unless upgraded, is much softer than estimated back in 2014 and not sustainable for the dollar to remain strong.
