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Dollar Responds to Revived Recession Fears but VIX Doesn’t Extend Its Jump

MongiIG

By MongiIG,
in Foreign Exchange (FX)

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MongiIG

Posted
Posted

Recession fears jumped sharply this past session on the back of a tumble in August PMIs. Yet despite the S&P 500 already sliding on the week and the VIX charging, the added tail wind didn’t amplify those trends. The Dollar, on the other hand, did see its untouchable status slip. Jackson Hole anticipation is holding the market back.

 

 

 

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