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King dollar's worst slump in over a decade is hammering one of 2022's biggest winners - but the greenback's dominant run might not be over just yet
1 month ago | By Business Insider
The dollar's dominant run could carry on into 2023 if energy prices soar. scanrail/Getty Images
The dollar had its worst month in 12 years in November, and has extended losses since.
Market expectations that the Federal Reserve will slow the pace of its interest-rate increases have pushed the greenback off its peaks.
Still, the dollar could advance next year thanks to its safe-haven status as recession risks rise, strategists told Insider.
The dollar has lost some of its shine after a sizzling run in the first nine months of 2022. The US Dollar Index - which tracks the greenback against a...
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