Deutsche Bank Warns AI Stock Selloff Threatens Dollar Safe-Haven Status
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The current artificial intelligence (AI)-driven market correction could impact the dollar’s status as a haven asset, Deutsche Bank’s global head of FX strategy, George Saravelos, said in a Friday (Oct. 30) note to clients, Bloomberg reported. This view is supported by recent times when both tech stocks and the dollar were weak; the greater-than-ever scale of foreign […] The post Deutsche Bank Warns AI Stock Selloff Threatens Dollar Safe-Haven Status appeared first on PYMNTS.com.
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