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Weekly Brief Bad Vibrations
- Following a period of relative calm for the dollar of late, the currency has been volatile and has weekend in recent days as tariffs and growth risk have come to the fore once more.
- Since the start of the year, US markets have been surfing a volatile wave of geopolitical events and trade uncertainty emanating form the Trump administration.
- As we have highlighted previously, the dollar is coming off a period of exceptional strength in recent years.
- Looking at trade levels over the last 10-15 years the dollar still remains elevated
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