Why many analysts are betting on US dollar to ‘flop’ in 2023
After being considered as unstoppable in early 2020 due to inflation and US rate hikes, US dollar is losing analysts confidence. The currency has dropped against all of its peers in Bloomberg Dollar Spot Index over the past month
The dollar looked unstoppable earlier this year when investors were adding to bets on inflation and US rate hikes. Now they’re turning against it in droves.
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