This thesis was formulated around a $ 100 trillion
dollar trend: the digitization of industry.
The dollar trend has resumed in earnest since the beginning of the new year but sentiment is not nearly as lopsided as it was a year ago.
But whatever benefits may have accrued, these efforts have apparently had little impact on the membership and
dollar trends, which seem to have a life of their own.
Later in the year, we expect the dollar - yen pair to find a new trading range as
the dollar trends higher against the euro.