Analysis: Tech Stock Panic Dents Risk Appetite, Dollar Regains Safe-Haven Support
5 hour ago / Read about 0 minute
Author:小编   

On November 6, Alex Kuptsikevich, Chief Market Strategist at FxPro, said that concerns over tech stocks weighed on global risk appetite, giving the dollar renewed support and a rebound. Investors sold stocks and bought safe-haven assets amid worries about the outlook for artificial intelligence technology. Previously, capital flowed mainly into U.S. Treasuries, gold, the Japanese yen and the Swiss franc; now the dollar is also starting to attract favor.

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