Strategy Report

The Dollar Dialectic

08 Jul 2016

by Mathieu Savary, Chief Strategist, Developed Markets ex US & Head of Research Innovation

Brexit is putting our bearish short-term dollar view in question as global policy uncertainty has surged. Yet, investors are displaying elevated signs of risk aversion but the global economy still looks fine. This dissonance is likely to end with investors increasing risk taking, a bearish development for the counter-cyclical dollar. Favor commodity currencies over European ones.

Interested in reading this report?

To access the full BCA Research report, request a complimentary copy

BCA Research | Foreign Exchange Strategy

Helping guide portfolio managers, CIOs, and traders with actionable overlay strategies and profitable trading ideas. A bonus is insights for other asset classes, from a currency perspective.