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Behind USD Rise and 3 Options for Brexit Plan B
The U.S. dollar traded higher against all of the major currencies today with the exception of the Canadian dollar because as it turns out, the U.S. government shutdown has been good for the dollar and stocks. Outside of the decline on the first day of 2019 trade, there has not been a down day for the Dow or S&P. But don’t mistaken the government shutdown is not actually positive for U.S. assets. Instead, it is the delay of U.S. government releases that gives the market relief. No news is good news. The short list of data that has been released was not entirely negative, but there’s no doubt that the trend of ... (full story)