Safe haven currencies soar on fears of US recession

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5 August 2024
Written by
Enrique Díaz-Álvarez
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.
A weak US labour report validated fears that the US economy is slowing down faster than the Federal Reserve expects or wishes.

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