Deutsche predicts EURUSD strengthening to 1.15 by the end of 2023 and to 1.2 in 2024
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hedge funds are actively longing USD, betting on a soon reversal of the trend
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investors expect further weakening of dollar index - poll BBG
- on expectations of Fed cut rate
- on expectations of a softer DKP due to banking stress
- on the trend of dedollarization
- History shows that the Fed may cut rates more than other global central banks
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