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Deutsche Bank WM: Don’t lose faith in the USD entirely

Despite signs of a weakening US dollar, particularly against a resilient EUR, Deutsche Bank Wealth Management says “faith [in the greenback] may be tested but not entirely lost”, with the bank revising its EURUSD forecast to 1.10. EURUSD has climbed 10% year-to-date to 1.15, which the bank attributes to: better European economic data; US economic policy disappointments; a positive European…

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