Top Hedge Fund Splits With Morgan Stanley on Dollar Call

The video discusses the impact of the trade war on the US dollar, highlighting Mango's belief in a stronger dollar due to tariffs and the euro's decline. Speculators, including hedge funds, are betting on a dollar rally, holding the most bullish position since 2017. However, major financial firms like Morgan Stanley and Wells Fargo believe the rally is exhausted, as positive factors like higher treasury yields and economic growth are already priced in. The video concludes with a note on the recent dollar rally following events in Turkey.

What economic indicators have contributed to the dollar's rally since mid-April?

What recent events in Turkey are mentioned in relation to the dollar's performance?