'More losses are likely in the coming week as investors and central banks grow more concerned about recessions,' one strategist said of the US dollar.
Market strategists across asset classes are warning investors the turbulence that's proliferated in recent weeks will rage on as President Donald Trump's trade war with China enters new territory. Referring to the US dollar's strength, one foreign-exchange strategist told clients:"More losses are likely in the coming week as investors and central banks grow more concerned about recessions.
Market strategists across asset classes are warning investors the turbulence that's proliferated in recent weeks will rage on as President Donald Trump's trade war with China enters new territory. Referring to the US dollar's strength, one foreign-exchange strategist told clients:"More losses are likely in the coming week as investors and central banks grow more concerned about recessions.
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