BMO Says Dollar Best Bet in High Rates Regime

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Published: 1 hour ago

BMO Capital Markets recommends betting on continued US dollar strength as the cleanest trade for the new regime of higher rates and inflation. The bank views USD positioning as the most direct way to capitalize on elevated rate environments. This affects major USD pairs as traders may increase long dollar positions. The recommendation matters as institutional flows could strengthen USD across the board if other banks follow BMO's outlook.

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