Man Group strategist says the rally isn't over
Morgan Stanley and State Street recently said the dollar rally is over but Guillermo Osses, head of emerging markets debt strategies at Man Group says more gains will be fueled by trade wars.
"From a longer term perspective, the U.S. is potentially on track to impose a meaningful amount of tariffs on China which may have a transmission to all those countries that sell into China, including Europe," New York-based Osses said in a telephone interview. "On a trade-weighted basis you may continue to see dollar appreciation, especially relative to the euro."
More at Bloomberg.
