Range-bound market is sticking around – SEB
But a big downward move is probably coming for the dollar
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The range-bound, low-volatility environment is set to persist over the next three to six months, but there is a possibility of the dollar moving lower, says Carl Hammer, chief currency strategist at SEB, which topped last week’s one- and three-month currency forecast rankings tables.
“The next big move in the dollar is likely lower, but that view is based more on valuation than anything else, and also partly based on the fact that central banks are starting to
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