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Deutsche AM: 2017 to be US dollar year

2017 is set to be the year of the US dollar, says Sean Taylor, Deutsche Asset Management’s (AM) managing director and CIO, citing widely-forecast rate hikes and a positive outlook for “US assets” following Trump’s election win. Deutsche AM’s target for the US dollar is parity with the Euro, 115 with Japanese Yen, and 7.3 with RMB, which is with more…

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