Despite all the weekend talk of a US recession, the dollar index is stronger this morning—and understandably so.
Exchange rates live in relative rather than absolute space where, as bumpy as the US outlook appears to many, it’s better than those of other major economies
#economy
Exchange rates live in relative rather than absolute space where, as bumpy as the US outlook appears to many, it’s better than those of other major economies
#economy
Contributing to what is now an even stronger DXY dollar index on the day: Euro trading with a 1.02 handle for the first time in twenty years.
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