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US Dollar: Risk repricing caps upside – DBS

DBS Group Research’s Philip Wee notes that the Dollar failed to benefit from the latest risk-off episode as US Treasury yields and Fed hike expectations fell. He highlights that the DXY Index was flat despite an equity rout, with investors reassessing the need for further tightening.

US Dollar: Risk repricing caps upside – DBS

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What They Took From You

Until August 1914 a sensible, law-abiding Englishman could pass through life and hardly notice the existence of the state, beyond the post office and the police.

  • Englishmen enjoyed minimal state interference before 1914.
  • No official ID numbers or passports required.
  • Foreigners and voluntary enlistees faced no state restrictions.

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