Sunday, June 28
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Topic: euro

The Marriner S. Eccles Federal Reserve Board building in Washington
Markets
Sunday, 6/28, 08:43 AM

Bank of America Tells Clients to Stay Long the Dollar Into the Third Quarter

  • Bank of America is advising clients to keep betting on a stronger U.S.
  • dollar against the euro through the third quarter, arguing that expected Federal Reserve rate hikes and a resilient American economy will keep the currency well supported — a call worth weighing against the seasonal risks the bank itself flags.

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