Julius Baer: Expect EUR and JPY downside within three months following December rate hike

The much anticipated December rate hike by the Federal Reserve is expected to strengthen the dollar and create headwinds for the euro and the yen within a 3-month horizon, says Julius Baer. “The release of the FOMC minutes of the September 20-21 meeting reminded investors that a rate hike this year, namely on the 14 December meeting, is a serious possibility,” comments David…

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