Tag Archives: currency cycle

But the potential for fiscal stimulus and ongoing Fed tightening are factors that support USD appreciation in 2017 at least.Our core scenario foresees risk appetite remaining robust as President Trump adopts a more moderate stance on protectionism than his past rhetoric would suggest. The USD should appreciate most against low-yielding currencies. But while we acknowledge that fundamental drivers also justify further USD strength, we believe that the long-term trend of USD appreciation is...

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