BMO: dollar will bump along the top of the trading range
Canadian bank expects US currency to remain strong this year
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The US dollar is unlikely to break out of the trading range it has followed against the euro over the past year and a half, even though a combination of factors are supporting the present strength of the US currency, says Greg Anderson, global head of FX strategy at BMO Capital Markets.
The Canadian bank, which last week topped FX Week's one-month forecast tables, sees the dollar's strength being fuelled by political uncertainty and market expectations of a forthcoming
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