The post-election rally of the dollar following Mr. Trump's victory is showing signs of leveling off in several key market indicators.
The Bloomberg Dollar Spot Index fell for three consecutive business days until the 19th. While hitting a two-year high last week, short-term upward potential is limited according to momentum indicators.
According to traders, investment flows are becoming less one-sided than before, and views on the direction of the dollar are starting to become more cautious.
Mr. Anthony Foster, the head of Nomura International's G10 currency spot trading, stated that "the strong trend of the dollar after the US presidential election is certainly entering choppy waters."