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Dollar grinds higher as strong US economy widens gap with Europe

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5 February 2024

Written by
Enrique Díaz-Álvarez

Chief Risk Officer at Ebury. Committed to mitigating FX risk through tailored strategies, detailed market insight, and FXFC forecasting for Bloomberg.

The dominant theme in currency markets in 2024 has been US economic strength, which is forcing markets topush back the timing of Federal Reserve rate cuts and is helping the dollar unwound most of the losses it suffered in late-2023. Read more via our report below