It has turned into a red start to November for the dollar, despite what had initially seemed to be a solid beginning to the month. The DXY index is trading below 99.5 as of writing, having dropped back from recent highs above 100. As with the recent run-up for the buck, the data underpinning this latest pullback remains limited. The ongoing federal government shutdown, which is now the longest on record, means that markets are still in the dark …
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