Traders are eyeing the recent easing of China's strict covid restrictions as possibly laying the groundwork for a forthcoming abandonment of its zero covid policy. In forex markets, both EUR and JPY stand to possibly benefit.
A Rising Chance the USD Correction Becomes a Reversal
The Dollar Index has fallen over 8% from the multi-decade highs printed in September, moving from around $114 to $105. As we round out the year, traders are now questioning whether the downturn marks the start of a reversal lower, or if this is ...
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