US Dollar Not the Safe Haven of Old

Next 24 hours: US Dollar Not the Safe Haven of Old

We didn't think the US equity market would be thrilled about the buying in Asia and Europe and as the US session got going, those gains were quickly washed away. On the currency front, we remain skeptical the Dollar run can hold up and believe additional downside pressure in stocks will force the Fed to adopt a less aggressive normalization timeline.

Global FX Insights Next 24 hours   LMAX Exchange  

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