Recessionary fears should keep the US Dollar in demand – ING

“Recessionary fears are building, yet thehas yet to cave in. We continue to see this as a positive environment for the Dollar and a negative one for commodity and pro-cyclical currencies.”

“The main threat to our bullish Dollar view comes from the risk of any softer US November price data or a more positive re-assessment of Chinese growth prospects on the back of relaxed Covid measures.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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