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Sunday, December 17, 2017

Barclays' trade of the week: Long USD against GBP, JPY, NOK basket

A Sunday note from Barclays with a recommendation for forex: - We recommend being long USD versus a basket of GBP, NOB, and WY. - The potential passage of the US tax bill this week could provide support to the USD into Christmas and holiday seasonality suggests USD appreciation versus these currencies (index ref: 100: target. 103;
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