UUP

Dollar Bull Case Intact: It is All About the Perspective

Our underlying constructive outlook for the US dollar remains intact.  It is broadly based on the divergence between the US and most other major economies.   The US acted early and aggressively to counter the Great Financial Crisis.  Unorthodox policies, such as quantitative easing,  were adopted years before the ECB and BOJ.   This has produced different …

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