Rabobank: dollar to remain moderately strong
Proactive G10 central banks and interest rate differentials still supportive for greenback
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Although the US Federal Reserve has cut rates this year, other G10 central banks have been more more proactive and interest rate differentials are still relatively supportive for the greenback, according to Rabobank.
The Dutch bank expects the dollar to remain strong, as it did earlier this year. “We have been dollar bulls since March 2018,” says Jane Foley, senior foreign exchange strategist at the firm.
Raboban
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