BNP like the euro but ahead of the US election assess that its prudent to add USD hedges:
risk of escalating conflict in the Middle East, geopolitical risk underpricedahead of US electionsinvestors positioned short USD
BNP like the USD, especially against currencies with weaker fundamentals.
Room to run higher for the US dollar?
This article was written by Eamonn Sheridan at www.forexlive.com.
