US dollar’s losses may just be getting started


SINGAPORE (Bloomberg) -- The US dollar had an awful December and things may only get worse.

The currency is set to extend losses as a truce in the US-China trade war and signs that global growth is improving sap demand for haven assets, according to ABN Amro Bank NV.

At the same time, the Federal Reserve has taken a dovish tilt, which will help shrink the yield premium offered by US Treasuries, says M&G Investments Ltd.

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