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The USD depreciation cycle has “further to run” though pace may slow: Lombard Odier

The US dollar had just experienced its worst month in a decade, with almost all major currencies rising against it. A further downside to the dollar is due, but it will come more slowly, according to Lombard Odier. As the US dollar depreciation has surpassed the bearish estimation of the Swiss pure play, it has provided a fine-tuned update. It…

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