As risk appetite improves on the back of a global economic recovery — driven by vaccine discoveries, expansive fiscal and monetary policies and a change of US president — the USD is likely to continue on its weakening trajectory, believe a number of wealth and asset managers in Asia. “We have been bearish on the USD for a while,” Shafali…
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USD “gradually but surely” on a downward trajectory: WMs and AMs
29 January 2021

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