Bad Run Of US Data With Jobless Claims Still To Come

Global FX Insights • Apr 16, 2020 at 3:46 AM EDT

Some have attributed the US Dollar demand to flight to quality bids on the back of ongoing coronavirus fallout and a horrid bout of US economic data, while others attribute the price action to nothing more than a corrective adjustment.

Video Length 00:00:47

We come into Thursday with the Buck having enjoyed a run of outperformance. Some have attributed the US Dollar demand to flight to quality bids on the back of ongoing coronavirus fallout and a horrid bout of US economic data, while others attribute the price action to nothing more than a corrective adjustment after a broader period of Dollar outflow.

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