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Is US Dollar Outlook Dimming on ‘De-Dollarization’ Concerns?

Is US Dollar Outlook Dimming on ‘De-Dollarization’ Concerns?

The Fed’s interest rate hikes and outlook, trade war concerns, and relatively better US market (SPY) (QQQ) performance as compared to the rest of the world are the major factors driving the dollar up. This rise in the dollar has put sustained pressure on gold (GLD) and other precious metals year-to-date.