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DBS Bank sees stronger dollar despite dovish Fed

DBS Bank anticipates a stronger dollar against major currencies despite the Fed’s policy U-turn earlier this year. “Currency calls are always relative,” Hou Wey Fook, CIO at DBS Bank, told Asian Private Banker, highlighting that the bank believes interest rate differentials between the US and other major economies will boost the USD. “The US’s overall picture is quite constructive. Its…

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