Rabobank finds the winning formula in dollar correction
Dollar correction seems to be the winning formula for banks topping the charts in recent weeks, and Ritson said this has played a major role in the Dutch bank’s climb up the rankings.
"We expected the market to refocus in Q1 on the relatively strong cyclical upswing in the US economy temporarily taking precedence over the structural imbalances and providing a more supportive dollar backdrop," said Ritson.
He added that the market as a whole was overly skewed towards dollar weakness in the last
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