Bloomberg (gated) gathered collectively views on the USD from Deutsche, Barclays, and Morgan Stanley.
- Deutsche Financial institution say that tarriffs & related stronger implications for the USD are considerably extra prone to be dominant than said polices to hunt a weaker USD
- Barclays say in isolation the tariff threat is sufficient to assist a rally for the USD … however full retailiation for the Trump tariffs may ship the greenback 4% larger in opposition to FX such because the yuan.
- Morgan Stanley additionally say that larger Trump tariffs will strengthen the greenback, and much more os when retailiation happens. MS say its tough for intervention to change the trajectory
This text was written by Eamonn Sheridan at www.forexlive.com.
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