Category: Currency Currents

Finally we are getting some real company on our dollar call

The dollar will probably become a “growth currency” during the next 10 years, shedding its haven status of the past decade, as the U.S. economy outperforms Europe and Japan, according to UBS AG. (Bloomberg)

Comment: Welcome to the club, UBS. We have been singing this song since late last year. In fact, a multi-year dollar bull market call, which we have shared here, is one we saw as very similar to the 1992-2002 US dollar bull market.

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