Ray Attrill, Head of FX strategy at National Australia Bank (NAB), said in his latest client note that the US dollar could benefit from both risk-on and risk-off market conditions. Key Quotes: “The dollar seems to be benefiting from risk-on conditions where its yield attractions in an ultra-low FX volatility environment still stand out and its equity market continues to perform better than elsewhere. The dollar is also able to benefit from risk-off conditions via traditional safe haven support for US Treasuries. The diverging economic data performance recently between the euro and dollar as a key reason as well by noting that this has aggravated euro weakness while supporting the greenback at the same time.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD now looks to 1.0770 and below – UOB FX Street 2 years Ray Attrill, Head of FX strategy at National Australia Bank (NAB), said in his latest client note that the US dollar could benefit from both risk-on and risk-off market conditions. Key Quotes: “The dollar seems to be benefiting from risk-on conditions where its yield attractions in an ultra-low FX volatility environment still stand out and its equity market continues to perform better than elsewhere. The dollar is also able to benefit from risk-off conditions via traditional safe haven support for US Treasuries. The diverging economic data performance recently between the euro and dollar as a key reason as well by… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
