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February was a rough month for just about everything
A chart today from Deutsche Bank is a reminder that February trading as all about economic data as a series of strong releases led to a repricing of the path of US interest rates to a higher plateau. In turn, risk assets slid and the US dollar was only bested by a single major global market (and by only 1%).
What I would note is that on most fronts, the declines weren't particularly rough and that may speak to a cushion from better global growth. There might be inflation but the market... Read More
Posted: Mar 1 2023, 18:38
Author Name: forexlive
Views: 111640