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Strategy Report

Over The Hills And Far Away

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

As the sole shock absorber left in the global economy, FX markets will grow more volatile. The currency market's reaction to the recent Fed minutes exemplifies this phenomenon. Despite its sores and blisters, the U.S. economy wins the global beauty contest. Caught between those forces, the USD will continue to weaken over the next quarter or two before resuming its broader bull market.

BCA Research | Foreign Exchange Strategy

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