@colett
According to Jinshi Data, Rabobank analyst Foley said that despite a slight increase in the dollar, it is still the worst performing G10 currency so far this year. She pointed out that after the arrest of Turkish President Erdogan's rival, Turkish assets were sold off sharply, and the dollar may see safe-haven buying. Foley believes that if the Federal Reserve suggests that inflation concerns will limit interest rate cuts, the dollar may appreciate further in the near term.
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