Broad gains for US dollar

May 15, 2023 | Currency, Economy, Global Share Markets, Money Market

15.5.23 In currency markets, the US dollar has made broad-based gains resulting in the best weekly performance since February, notes BNZ Markets. The dollar benefited from the rebound in yields and market chat of persistent short covering of US Dollar positions, says Stu Ritson. “There is elevated positioning in some USD pairs. For example, speculative […]

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Broad gains for US dollar

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