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Traders Ditch Dollar as CFDs Gain Ground

Traders Ditch Dollar as CFDs Gain Ground

This time last year, many retail traders were wondering whether the volatility caused by central bank monetary strategies to combat inflation by raising interest rates would persist. They received their answer within weeks as Russian tanks rumbled into Ukraine and the world suddenly felt like a more dangerous place.

At such times, the traditional approach is to pile into the US dollar. But, dollar weakness has been the key market trend in recent months with an uber-hawkish Fed and risin... Read More

Posted: Mar 4 2023, 09:00
Author Name: financemagnates
Views: 092171

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