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Dollar Jumps and Halts EURUSD Recovery as S&P 500 Tumbles on ‘Controlled Implosion’


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The S&P 500 led the markets to a constrained but exceptional slide through this pas session. The slide from the benchmark US index the heaviest since June 2020 and returns us to a 14-month low, but it wasn’t a ‘flash in the pan’ move. Was the Dollar’s jump during this slump a sign that safe haven demand has soared?

 

 

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