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ECB's de Guindos says the USD is not behaving as a haven, at this point

Newsquawk Staff ·

ECB's de Guindos says the USD is not behaving as a haven, at this point.

What it means

The ECB's de Guindos' remark on the USD not acting as a haven suggests a shift in market sentiment or perceptions, potentially impacting safe-haven flows. This may lead to reconsideration of positioning in USD against other currencies like the EUR and JPY, especially if traders begin to anticipate a divergence in monetary policy outlooks. Watch for potential volatility in forex markets as this narrative develops.

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