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Would a US equity bubble coincide with a stronger dollar (again)?

We think the current backdrop is not as favourable for the greenback as the one that prevailed during the dot com era, so we doubt the bubble in US equities we expect would be accompanied by renewed strength in the dollar over the next couple of years.

In view of the wider interest, we are also sending this FX Markets Focus to clients of our Global Markets and Asset Allocation services.

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