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.
