King Dollar, Robo Traders Are the Talk of the Currency Universe
- Most participants at FX summit see dollar strength to continue
- MiFID II is leading to consolidation, loss of research access
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King Dollar is unlikely to lose its crown before the end of the year.
That’s the consensus among participants at a currency conference. Among the reasons for its trend to continue: a hawkish Federal Reserve backed up by U.S. economic fundamentals, a European Central Bank on hold until late next year and Brexit.