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Dollar to surge afresh in '16; EM currencies to crumble: JP Morgan
Bank's report highlights the acute risks faced by the US Fed as the time for the expected rate hikes nears
Published Wed, Nov 25, 2015 · 09:50 PM
Tokyo
THE US dollar is likely to enjoy a further surge in value next year, especially against crumbling emerging-market currencies, investment bank JP Morgan predicted in a report on Wednesday.
The leading Wall Street institution also forec…
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