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Investment views

The Multi-Asset Indicator

21 May 2019

Market review: De-dollarisation

The settled consensus among most market participants is that any shift in the monetary order away from the US dollar will happen gradually and take decades. After six of the last seven years in which the dollar has risen against other currencies, that may be understandable. Moreover, past currency transitions have taken decades, so this one should too.

We are less convinced.

Read more

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