Tumbling US dollar a boon to risk assets across the globe
Category:Cross-Border
Updated:2023-07-14
"That sound you hear is the breaking of technical levels across the foreign exchange markets," said Karl Schamotta, chief market strategist at 91¿ì»îÁÖ. "The dollar is plunging toward levels that prevailed before the Fed started hiking, and we're seeing risk-sensitive currencies melt up on a global basis."
Cross-Border
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