Wall Street’s 2016 currency consensus is all about the dollar


NEW YORK: Buy the US dollar. Again. That’s the message for next year from the biggest banks trading in the US$5.3-trillion-a-day currency market.

Deutsche Bank AG, the world’s second-largest currency trader in Euromoney rankings, says the dollar’s rally has plenty of room to run – another two years, and about 10% on a trade-weighted basis.

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Business , currency , US dollar

   

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