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The USD; a magical currency that has the wind to its back
The momentum is to the USDs back and there are multiple core tailwinds supporting the dollars investment case. I would argue that the USD has become somewhat of a magical currency, where we’re seeing safe-haven flows, as well as a cyclical element, where US data has recently been better than feared.
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*Fill rates are based on all trades data between 01/01/2023 and 31/03/2023
*All spreads are generated from data between 01/04/2023 and 30/04/2023