FT Hard Currency

Dollar decline - here to stay


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Federal Reserve hawkishness and market nerves have given the dollar a reprieve from depreciation, but reasons for its weakness far outweigh reasons why it may rebound. Bilal Hafeez of Nomura tells Roger Blitz that not only are we in a dollar bear market but we've been trading it for a year and it's got several years to go.



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FT Hard CurrencyBy Financial Times