Risk Aversion Returns; Dollar, Treasuries and Wall Street Slip
From Investing.com: 2025-04-11 05:14:00
The dollar continued to plummet against major currencies, hitting a more-than-2-year low against the Swiss franc. Recession fears grow due to ongoing US-China trade conflict. US inflation slows, leading investors to anticipate 90bps Fed rate cuts. Wall Street retreats, Treasuries sold off, gold reaches new record high. Investors concerned about US-Sino tensions as China retaliates against US tariffs, escalating fears of recession.
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