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The US dollar still has a long way to climb, up to twenty percent in the the next three to four years, that's according to Teis Knuthsen, Chief Investment Officer for Saxo Private Bank who says; "The dollar rally is still in the first part of a multi-year increase, the third major rally since the US abandoned the gold standard in 1971. It seems likely that the USD will rise another 20% or so against a basket of other currencies over the next 3-4 years. Against the euro, we should be able to move to parity or below.".
02:43 minutes
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