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U.S. Dollar Forecast: U-Shaped Performance
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U.S. Dollar Forecast: U-Shaped Performance
Image © Adobe Images CIBC says the U.S. dollar is likely to weaken into the first half of 2026 before stabilising and recovering later in the year, describing its outlook as “U-shaped”. The Canadian bank said “risks will push the USD lower in the next couple of quarters”, arguing that downside risks to the U.S. labour market and growth will outweigh any modest upside risks to inflation. CIBC said unresolved questions over who ultimately bears th…
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