Dollar to weaken on fundamentals and Fed, says CIBC
Dollar will be under further pressure as other central banks start normalising monetary policy
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The dollar is set to weaken against other major currencies going into 2019, as the Fed becomes less aggressive in its hiking stance and the fundamentals of the US economy begin to show signs of deceleration, says Jeremy Stretch, head of G10 FX strategy at CIBC.
The Canadian bank, which topped FX Week’s three-month G10 forecast table last week, expects the fiscal boost that led to the US economy’s firm growth in
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