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.Hence then, the article about usd dollar could rise if recession avoided was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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