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More than 60% of wealth managers expect weaker USD in coming 12 months

Growth concerns and a potentially dovish Fed have divided Asia’s wealth managers’ forecasts on the greenback, with more than 60% expecting the USD to weaken against the EUR in the coming 12 months. According to a recent Asian Private Banker survey, 62% of respondents expect the USD to weaken against the EUR in the coming 12 months, with 32% and…

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