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BNP Paribas WM: USD to continue to benefit from uncertainties

Despite a more dovish-than-ever Fed, BNP Paribas Wealth Management believes that the USD is unlikely to show weakness. As the EURUSD traded tightly around 1.12 over May, the bank believes the pair will continue at current levels for the next three months. “The increasing turmoil around trade tensions has been the major headline,” the bank said. “Moreover, the eurozone suffers…

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