The RBC Macroscope
Comment of the Day

June 25 2020

Commentary by Eoin Treacy

The RBC Macroscope

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Eoin Treacy's view

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The Dollar tends to attract interest because the USA is the largest capital market and the Federal Reserve is highly active in deploying support measures for the economy. The supply inelasticity argument supported its value until last year and the subsequently, desire for a safe haven has been a support.

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