HSBC: The 'euphoria' surrounding the dollar will end once reality sets in

The US dollar has been on a roll since President-elect Donald Trump's win in early November.
The greenback rose against most major developed and emerging market currencies in the aftermath, and the trade-weighted dollar index is now hovering around 102.64 on Wednesday — near 14-year highs.
At least part of that appreciation could be attributed to the markets reacting to Trump's proposed fiscal policy initiatives. And last month analysts had argued that the currency still has some