Strategy Report

Late-Summer Night Dream: A Bubbly Dollar?

02 Sep 2016

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

The dollar is likely to enter the bubbly stage of its bull market within the next 12 months. The key culprit for this move will not be the Fed, but easing by non-U.S. central banks. The euro area economy could enter a temporary soft patch, but this will not result in an imminent easing by the ECB.

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