Why US dollar bears should watch out for November’s presidential election

//Why US dollar bears should watch out for November’s presidential election

Why US dollar bears should watch out for November’s presidential election

There’s a saying in financial markets that it’s never a good idea to stand in the way of a speeding express train – even if it is running in reverse. The falling US dollar is building momentum and it could soon be testing central banks’ patience if it poses any threat to global recovery. Dollar bears must be wary as the central banks generally tend to get what they want. The runaway train could hit the buffers sooner than expected if dollar intervention is looming. The market believes the…

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By | 2020-09-07T14:00:07+00:00 September 7th, 2020|Business|Comments Off on Why US dollar bears should watch out for November’s presidential election