ING Says Dollar May Remain Resilient After Tech Selloff
ING's Chris Turner says it is too soon to call a broad-based dollar decline, describing the tech selloff as an idiosyncratic story.
The selloff in tech stocks could lead to a broader reassessment of U.S. growth and inflation but it is too soon to call a broad-based dollar decline, ING's Chris Turner says in a note. Foreign exchange participants seem to consider the tech selloff as an "idiosyncratic story" led by concerns that t…