Dollar gets its mojo back - but only by default: Mike Dolan [Yahoo! Finance]
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Source: Yahoo! Finance
Iran attacks, it's not as clear-cut as it seems and owes more to relative energy plays. Yet the implications of the market response may be just as powerful. Ever since Donald Trump's return to the White House last year, the dollar has waned even during periods ?of market anxiety and volatility, due in large part to U.S. economic policy uncertainty and both domestic and geopolitical upheaval. Reversing years of dollar over-valuation is a key tenet of the Trump administration's economic plan. ?But the greenback's diminished haven role in times of global political or financial stress suggests foreign investors - already up to their eyeballs in U.S. assets - have changed their behaviour. So it was remarkable that the dollar jumped across the board after last weekend's extraordinary bombing campaign by U.S. and Israeli forces ?against Iranian targets, including the assassination of Supreme Leader Ali Khamenei and the wave of regional violence that's followed. The crux of the move h
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