Greenback to ease again after recent lift – CBA
But both the euro and sterling are set for appreciation due to policy tightening and dollar weakness
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The dollar’s recent uplift is set to come to an end, as structural and macroeconomic factors will bear down on it to a larger extent than before, due to the impact of tax cuts on the current account deficit of the US, according to Joseph Capurso, a currency strategist at the Commonwealth Bank of Australia.
While the dollar has regained some ground against its major peers since the start of the year, strategists see sustained weakness in the currency due to its
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