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Barclays FX views for the year ahead USD -....>

FOREX
FOREX: Barclays FX views for the year ahead
USD - Barclays expect the Fed's pre-emptive cuts to temporarily weigh on the
USD, especially vs. G10 currencies, as the US rates advantage compresses amid an
environment of slowing global growth. However, the Fed's ability to support an
extended US expansion stands in contrast to clear sustained slowing - and rising
risks - in China and Europe, implying a USD rebound in 2020. They expect the USD
to be better supported vs. EM currencies, due to the broadening global slowdown,
trading tensions and
downside risks to commodity prices.

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