Published On: Mon, Mar 6th, 2017

BMO expects modest dollar strength

US dollars and globe

Greenback glow: the dollar is expected to get slightly stronger in the coming months

CLICK HERE TO VIEW THE PDF Market participants’ expectations for a strong dollar rally could be tempered, as the controversial tax plan on imports and exports has only a 25% chance of being passed,┬ásays Greg Anderson, global head of FX strategy at BMO Capital Markets. The proposals for a border tax are likely to induce US multinationals to repatriate production and operations to their home country, giving a dramatic boost to the dollar.┬áBut there are several hurdles to clear before business


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