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Eventually, after slowing speed and applying a break, there comes a U-turn on the policy stance. Surely, dollar bears would welcome this scenario and keep on piling up their bets against USD. The carry is likely to go in favor of riskier currencies like Emerging market ones, at least until the recession spread out globally.
Eventually, after slowing speed and applying a break, there comes a U-turn on the policy stance. Surely, dollar bears would welcome this scenario and keep on piling up their bets against USD. The carry is likely to go in favor of riskier currencies like Emerging market ones, at least until the recession spread out globally.
Eventually, after slowing speed and applying a break, there comes a U-turn on the policy stance. Surely, dollar bears would welcome this scenario and keep on piling up their bets against USD. The carry is likely to go in favor of riskier currencies like Emerging market ones, at least until the recession spread out globally. 
