Published On: Mon, Mar 6th, 2017

BMO expects modest dollar strength

InstaForex
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

Home

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>