RESUMEN: La curva de tipos de los Estados Unidos continúa aplanándose y estaría cerca de invertirse, lo que ha sido una señal de recesión en las últimas décadas. En periodos de contracción económica, la turbulencia en el mercado de divisas suele ser extrema y el apetito por activos de riesgo limitado. Bajo un escenario de alta volatilidad e incertidumbre, el dólar podría brillar debido a su naturaleza de moneda refugio en tiempos inciertos.

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