Asia FX muted in thin trade; kiwi drops on RBNZ rate hold, dovish tone
Asia FX muted in thin trade; kiwi drops on RBNZ rate hold, dovish tone
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“King Dollar” returned with a vengeance last week as global markets were jolted by a volatile mix of geopolitical escalation and a dramatic repricing of U.S. monetary policy expectations. The greenback surged broadly, pushing Dollar Index back above the psychological 100 level. The question now is how long Dollar can keep the “throne”. To answer…
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