Dollar ended as the worst performing one last week. Selloff somewhat intensified on Friday after poor PMIs indicated that the US economy was already in contraction. Deep fall in benchmark treasury yields dragged down the greenback while traders were betting on a lower terminal rate in Fed’s tightening cycle. Canadian Dollar was the second weakest, […]
The post Yield Curve Inversion and Recession Risks, Dollar the Worst Performer of the Week appeared first on Action Forex.
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