From the FXWW Chatroom – BofAML Our FX team also think that this makes it more likely that the USD will struggle into 2019. We stay short directly via USD/NOK and GBP/USD options plus we are long EM.
Pre cursed by this: With the mid-terms resulting in a split Congress and fiscal policy turning more neutral we think the risk is that the end point for rates may now be lower.

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