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Bearish USD: TD Securities forecasts 4-5% drop in the dollar by end-2026

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Bearish USD: TD Securities forecasts 4-5% drop in the dollar by end-2026

Alex Loo of TD Securities says the speed of the move in the US dollar caught many investors off guard and seems overdone. He also expects China's PBOC to operate in "cruise control" and allow the Yuan to strengthen to 6.7 against the US dollar.
04:04
Thu, Jan 29 20262:06 AM EST