Commerbank says the US dollar could rise if the US avoids a recession:
U.S. trade policy uncertainty is currently elevated due to Trump's back and forth on tariffsmarket is leaning towards the the risk of recession increasing significantly with each additional round of tit-for-tat tariffs, weighing on equities, Treasury yields and the USDHard U.S. economic data, however, is so far looking pretty decent - weak January retail sales excluded.
USD (DXY) up
That 'end of USD uptrend' call from January played out OK. Whew!
The steep up trend line for the USD appears to have been brokenUpdating the USD 'battle of the trendlines' This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( USD dollar could rise if recession avoided )
Also on site :
- Sputnik V creator warns of global ‘cat flu’ pandemic
- Former Microsoft engineer fired over protest on Israel AI ties
- Trader Joe's is Giving This Viral Chocolate Bar Its Own Spin and Shoppers 'Can't Wait' To Try It