The current dollar performance is different from other crises. In general, the dollar has been a safe haven compared to other currencies. The Asian crisis, which started outside the US, saw dollar improvement. During COVID, a global crisis, money also flowed into the dollar. The same effect occurred with the GFC or the Lehman crisis, yet this trade crisis is different. We are seeing the dollar decline from an overvalued level. This is a concern that foreign investors, in this case, do not want increase dollar exposure.
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