External broker reports(aggregated public sources), Scotiabank

Scotiabank

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External broker reports(aggregated public sources)

FX & Rates

<ul><li>An unusual aspect of the recent market volatility is that the USD has fallen in tandem with the sharp decline in US equities (and is today recovering some ground as US stocks improve).</li><li>The lack of haven bid for the USD amid the sharp rise in broader market uncertainty and volatility raises a valid question about whether the USD is losing its “traditional” safe-haven status.</li><li>A number of reasons can help explain why investors have shunned the USD amid the recent rout in US stocks—and may continue to do so moving forward. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

An unusual aspect of the recent market volatility is that the USD has fallen in tandem with the sharp decline in US equities (and is today recovering some ground as US stocks improve).The lack of haven bid for the USD amid the sharp rise in broader market uncertainty and volatility raises a valid question about whether the USD is losing its “traditional” safe-haven status.A number of reasons can help explain why investors have shunned the USD amid the recent rout in US stocks—and may continue to do so moving forward. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

FX Snapshot - Is the USD Losing Its Safe-Haven Status ?