The USD resurgence may only be temporary

MARKET VOICE

The start of the first quarter of the calendar year (and the third quarter of many fiscal years) has proved unkind on a number of occasions in recent years for participants in the currency markets.

With significant trend reversals for the dollar having emerged around the start of seven of the past 20 years, there is always the risk at this time of year that forecasters will end the month by having to substantially revise their targets. However, despite the substantial USD bounce seen in the

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