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Strategy Report

A Plaza Accord 2.0? Don’t Bet On It Yet

by Chester Ntonifor, Chief Strategist  

Is a Plaza Accord 2.0 necessary? If so, why? If not, what could stem the rise in the dollar, or will it continue to overshoot? In our view, there are fundamental reasons not to bet on a new accord, but that does not necessarily help with investment strategy.

BCA Research | Foreign Exchange Strategy

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