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The dollar's resilience should not be understated

The dollar's resilience should not be understated
At the end of last year, the thinking was that 2023 would be the year of central bank pivots and more importantly the time when the Fed would stop rate hikes. And with a shallow recession predicted, it should've been a time for risk assets to rejoice and the dollar to turn tail and run.Then came the story of stubbornly high inflation and the "6% trade" in January and February. That pushed the timeline back and the dollar was stronger as a result. But then came the unexpected twist and a major sh... Read More
Posted: May 18 2023, 04:41
Author Name: forexlive
Views: 102294

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