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BoS expects a “mini” USD rally against non-European currencies

A “mini” US dollar rally against non-European currencies is possible, while the euro is likely to outperform the US dollar over the next year, according to Bank of Singapore. “The solid June ISM manufacturing report should quieten those doomsayers warning 
of an impending recession in the US,” the bank says in its latest investment note. “Markets are severely underpricing the…

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