The US Dollar traded lower on Friday, bringing its weekly performance to the worst it has seen since the middle of September. Fed Vice Chairman Richard Clarida amplified the selloff as he noted that the central bank ‘has to factor in the global outlook’ going forward. His commentary echoed on notes from Fed Chair Jerome Powell who earlier this week said that slower growth abroad is a headwind. For evidence of that, look no further than China where in the third quarter, its economy grew at its slowest since 2009. Weakness in the greenback was accompanied with a deterioration in the implied Fed rate outlook priced in ... (full story)