USD: Volatility Shifts Support Weaker Trend – HSBC

HSBC Asset Management notes that April’s recovery in risk appetite has coincided with a sharp fall in the US Dollar, leaving year-to-date performance broadly flat and in line with the longer-term dollar-down trend.

HSBC Asset Management notes that April’s recovery in risk appetite has coincided with a sharp fall in the US Dollar, leaving year-to-date performance broadly flat and in line with the longer-term dollar-down trend.

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