Dollar's Identity Crisis Meets Political Ping-Pong
Key Points
- US dollar's reserve status fears are easing, but consumer co...
Money moves in mysterious ways, especially when economists are trying to predict them. As trade tensions, political shifts, and central bank strategies collide in today's forex markets, traders are left wondering if their Magic 8 Ball might be more reliable than expert analyses.
Dollar Doubts and Consumer Blues
The US dollar's existential crisis about its reserve status seems to be easing - it finally finished its therapy sessions. However, ING analysts are playing party poopers with their consumer confidence forecast of 86, even lower than the market's already gloomy prediction of 88, dow...
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