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J. Safra Sarasin: USD to continue enjoying support

More optimistic than Standard Chartered Private Bank, J. Safra Sarasin believes the USD will continue enjoying support despite the Federal Reserve’s dovish stance. “Monetary and fiscal policy will increasingly lean against the drags from disruptive trade policies,” the bank said. “Looser US monetary policy is allowing other central banks to ease more than they would otherwise have done.” A wider…

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