DNP-FX

US30 28th SEPTEMBER 2022

OANDA:US30USD   US Wall St 30
Wall Street is increasingly concerned that the Fed's six-month inflation fight will push the economy into recession. The recent selloff seems to be the catalyst, including the US central bank (Federal Reserve/The Fed) being aggressive to raise interest rates. Finally shaking up the currency market.
With the dollar overvalued in recent weeks, market participants are likely to avoid the risk of a correction by moving into large companies that are likely to survive a recession.

US30 23rd AUGUST 2022

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