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

17 October 2016 | 2 minutes read

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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