‘Death Cross’ strikes U.S. dollar as COVID-19 cases grow

‘Death Cross’ strikes U.S. dollar as COVID-19 cases grow

July 8, 2020

“If we look at the idea of American exceptionalism, that has dimmed dramatically during this crisis,” said Karl Schamotta, Chief Market Strategist at Cambridge Global Payments. “Growth differentials are tilting against the United States, putting the dollar on the defensive.”

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