So do I pay "margin interest" or anything for Forex leverage?

[treeman]

The least dirty currency is the USD, imo. Maybe the Renminbi. They are all dirty. It's a shame too as the world would benefit from a weaker dollar.

Having said that, many smart people lost their fortunes speculating on the dollar direction (disclosure: I have a small speculative basket that probably isn't worth the effort).

 

[DiceAreCast]

That's not what I am seeing. JGB yields and most Europeans and OZ and Canadians all rising in lockstep with US treasuries.

UST is already rising well ahead of peers...And with the Euro zone's botched vaccine rollout, I don't see them competing with US on the growth front (and by proxy, rates) for some time unless they make a policy mistake (which is what Lagarde did from Dec-Feb).