It's been a torrid time for currencies amid the COVID-19 crisis. But we want to make two key points: 1, the dollar will hand back some of its gains as things return to normal. And 2, it's unlikely currencies will reclaim all of their recent losses.
It's been a torrid time for currencies amid the COVID-19 crisis. But we want to make two key points: 1, the dollar will start to hand back some of its recent gains as things slowly return to normal. And 2, it's unlikely commodity currencies will reclaim all of their recent losses, given the depth of recessions we're expecting.
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