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QCAM Insight
The USD strengthened in March on the back of improved economic sentiment and rising bond yields. The QCAM FX BIAS product captured the USD rally well. However, is this the start of a new USD uptrend? Business sentiment surveys already signal new changes. Different cross currents are likely to result in a more mixed FX performance in April before a new trend emerges.
Economy and Interest Rates
First-quarter growth held up well despite the spike in Coro