SURVpodcast_12-01-22_1
Bloomberg Surveillance
00:00
Are You More Confident About Your Euro Dollar Call or England Getting Past Senegal?
A lot of accounts were sat long dollar for most of this year, including ourselves since February. So that trade is still being unwound in certain sectors. For us, we think there's going to be recession risks. Usually when there's a recession, the dollar does well. The problem is we're starting to see signs of early rebounds in European PMIs.
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