The balance of risks for the dollar remains tilted to the upside – ING DollarIndex Fed Banks Equities Growth
“With fears of global recession adding pessimism to the overall picture, we struggle to see a material recovery in sentiment for now.”
“A stabilisation in the dollar around current levels is possible today, but we continue to highlight: a) limited scope for a correction; b) a balance of risks still tilted to the upside in the near term.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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