More upside risks for the Dollar look on the cards – ING DollarIndex UnitedStates Banks
“What is really keeping the Dollar afloat at this stage is the debt-ceiling impasse in Washington, in our view. Negotiations between President Biden and congressional leaders should resume on Tuesday, but unless we see truly encouraging progress, investors’ fears may keep growing.”on this end, we think the balance of risks remains tilted to the upside for the Dollar for now, which should see safe-haven flows as risk sentiment stays subdued.
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