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Dollar: Biggest Beneficiary Of Non-US Downgrades

posted by Avatar fx360 793 days ago in USD, Daily

As long as the U.S. is not the country that is being downgraded, the dollar will be biggest beneficiary of reductions in sovereign debt ratings. With an improving economy and a central bank that is crawling towards tighter monetary policy, the dollar is one of the most attractive safe haven plays. In fact, fresh concerns in Europe even pushed
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