USD: Recovery narrative supports range trading – BBH

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Brown Brothers Harriman’s (BBH) Elias Haddad notes that the recovery narrative is overshadowing the International Monetary Fund's (IMF) weaker growth outlook, with global equities at record highs and the US Dollar (USD) retracing losses.

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/ The recovery narrative is driving global equities to record highs.
/ The US Dollar is retracing losses despite the IMF's weaker growth outlook.
/ Elias Haddad of BBH highlights the market's focus on recovery over IMF projections.

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USD: Recovery narrative supports range trading – BBH

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