Another currency that looks attractive vs USD as US yeilds come down, can be pound, after a very nice rebound from 1.18 area last week, where market made a failure breakdown. In fact, a reversal from the low is impulsive which already took out the 1.2065 so more gains can be seen after a retracement. Nice technical and also the psychological support can be at 1.2.
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Do central banks face a conflict between their inflation mandate and financial stability? The markets are still grappling with this question and confidence in the financial sector has not fully recovered. For now, central banks are responding with a conditional no.