‘Modest’ Dollar Appreciation Amid Rising Yields, Says HSBC’s Maher
HSBC strategist Daragh Maher expects only modest appreciation for the U.S. dollar, citing an ambiguous relationship between the currency and rising Treasury yields.
“We don’t think the dollar will knock it out of the park,” says Daragh Maher, senior FX strategist at HSBC, as he discusses the “ambiguous relationship” he sees between the US dollar and Treasury yields. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
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