Is Dollar a Safe-Haven Currency?

Is Dollar a Safe-Haven Currency?

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Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the market's reaction to Brexit, focusing on the potential for a harder stance with Boris Johnson as a leader. It highlights the market's underpricing of risks, particularly regarding the pound's future. The discussion shifts to the US market, noting a sell-off influenced by manufacturing data and trade concerns. The role of the dollar as a safe haven is debated, with emphasis on technical reactions in currency markets. The importance of diversifying portfolios with currencies less exposed to risk is also mentioned.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What technical levels are significant for the euro dollar, and why?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can diversifying currency exposure benefit a portfolio?

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