
The Real Threat to Dollar Dominance
Notes on the Week Ahead
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The Dollar's Role in the Global Economy
Since peaking last September, the trade-weighted dollar index is now formed by over 10%. The US has run a current account trade deficit for 31 straight years. We expect to see a less hawkish stance on the Federal Reserve than other central banks. Global investors still have a very healthy demand for US stocks and bonds.
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