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Reuters: Investors see potential recovery in U.S. dollar amidst election volatility

Date 21/09/2020 |

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Reuters: Investors see potential recovery in U.S. dollar amidst election volatility

Uncertainty surrounding the upcoming US presidential election has led some investors to believe that the US dollar will rise, despite its weakness over recent months, as market participants choose to sell their higher-risk investments. John Floyd, Head of Macro Strategies at Record Currency Management, echoes this sentiment by suggesting the dollar will rise against its Canadian counterpart as investors turn towards safe-haven assets.

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