US dollar reverses direction

Aug 23, 2024 | Currency, Economy, Money Market

There has been a reversal of recent price action, with US equities weaker, higher rates and a stronger US dollar, notes BNZ Markets today Behind the moves one could point to data suggesting no need for the Fed to panic, Fed speakers arguing for gradualism, and a return of the Trump trade in anticipation of […]

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US dollar reverses direction

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