News Snapshot:
The US dollar has been doing well on the foreign exchanges recently but that doesn’t mean investors have fallen in love with the greenback. It feels more like a marriage of convenience. The currency market looks to have concluded that, for now, the US dollar is the cleanest shirt in a dirty laundry basket. That narrative might give a crumb of comfort to those who see the greenback weakening in due course, but US dollar strength may persist for a while. Markets have become skittish in the face of an unappealing combination of the global spread of the Delta variant...
