Dollar Is Nearing `Undervalued Territory,' BofAML Says - THEMARKETTRENDZ

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Tuesday, 18 August 2020

Dollar Is Nearing `Undervalued Territory,' BofAML Says



Aug.18 -- A prolonged dollar selloff depends to a large extent on whether the rally in risk assets continues, says Thanos Vamvakidis, head of global G-10 FX strategy at Bank of America Merrill Lynch. "Effectively it's the same trade," he said in an interview on "Bloomberg Markets: European Open."
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