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US Dollar Price Forecast: Did USD Bears Just Capitulate?
It’s been a pretty rough Q3 so far for the US Dollar, and with a little over a month to go quite a bit remains unsettled in the backdrop. Next quarter brings what’s expected to be a highly-contentious US Presidential Election, and this will take place as a global pandemic continues to run in the United States. While the impact from the coronavirus was priced-in heavily in February and March, the backdrop since has been considerably less threatening, due in large part to the plethora of stimulus programs triggered by the Fed, the US Treasury and even Congress. The cumulative effect of all that USD-printing has ... (full story)