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FT: Dollar surges in 2014 on rate rise hopes

Investors have been reversing the trend of the past few years to put money outside the US in search of higher yields and stronger returns in emerging markets as interest rate expectations have shifted and the US economy has powered ahead — a trend that analysts are predicting will continue in 2015.

“The dollar is still a very clear trade,” said Stephen Jen, head of currency hedge fund SLJ Macro Partners. “

Read the original article on the ‘FT’ website.

Posted on the 31/12/2014 at 2:14pm by joana.