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Our view over the past few quarters has been that EURUSD should be rangebound, as the cyclical outperformance of the US economy is offset by the eurozone’s relatively better balance of payments position.
Themes and implications from the Global Fixed Income, Currency & Commodities Investment Quarterly
Markets, economy, stocks, growth, global, fixed income, international, asset classes
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Market sentiment towards the Chinese currency has shifted significantly
David Kelly, the Fed, interest rates
The performance of the US dollar significantly diverged from relative rate spreads.