Dollar and yen to strengthen due to safe-haven flows – Rabobank
Relatively attractive interest rate differential between dollar and other G10 currencies boosts appeal
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The US dollar and the yen will continue to strengthen in the following months as their safe-haven appeal grows, despite rising downside risks to the countries’ domestic economies, according to Rabobank.
The Dutch bank topped this week’s three-month G10 currency forecast.
The greenback will outperform major G10 currencies except for the yen on a three- to six-month horizon, but is likely to give back a little
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