Dollar Dominance Rips Through Every Market on Fed, China Risks
(Bloomberg) — The dollar is ruling global markets in the dash for safety.
As stocks, bonds and commodities plummeted on Monday, an index of the dollar continued its relentless advance to a two-year high. The currency is an indisputable haven in a market that’s being thrashed by accelerating inflation, worries about a recession and China’s Covid lockdowns.
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