US Dollar Smart Money Sentiment 6/2/19 – A Contrarian View & Bet To The Downside

The dollar’s rally may be approaching an end as pressure mounts on U.S. President Donald Trump to strike a trade deal with China, according to Brandywine Global Investment Management LLC.The money manager, which oversees $72 billion, is banking on this view to short the greenback and buy some of the biggest casualties of the trade war, including the Australian dollar. The rationale? Trump will be compelled to make peace with Beijing to protect the interests of American consumers.But in Brandywine Global’s longer-term view, Trump’s show of hostility may be part of a strategy to drum up support among conservative voters

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