Institutions such as Morgan Stanley do not agree with the mainstream market view of a bullish US dollar
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The strength of the US dollar's current rally is so intense that speculative traders' bullish bets on the dollar have risen to their most extreme level in a year and a half. Against this backdrop, an increasing number of analysts—including Stephen Jen from Eurizon SLJ Capital—are beginning to believe that the gains investors can obtain by betting on a rising dollar have now been largely exhausted. Read more
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