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Pictet WM: Strong USD to lose steam in 2020

Pictet Wealth Management believes the USD will lose strength in 2020 as the greenback in particular is sensitive to growth and rate differentials. “Our central scenario for 2020 is for a significant deterioration in those two key drivers as the Fed responds to weakening US growth by launching a proper easing cycle,” the wealth manager said. “While its defensive and…

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