USD: ‘A Peak Is One Thing, Depreciation Is Another’ – NAB

The US Dollar has been under pressure recently. Has it peaked? Where will it go next? Here is their view, courtesy of eFXdata: NAB Research discusses the USD outlook and maintains a structural bearish bias through 2019. “When we think about the USD’s medium-term trajectory, our view is conditioned by both valuation and structural considerations. In […]

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