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Bet Your Bottom Dollar On This Economic Boost!
American consumer confidence, up! US house prices, up! Does it follow that the only way is up for the dollar?
The Greenback may have been in decline for decades, but are we at a crucial turning point?
The latest figures showed that US consumer confidence is at a five year high, job growth is rising and house prices are surging too.
Saxo’s Mads Koefoed, Head of Macro Strategy, discusses whether the recent good news is enough to shift things around.
01:12 minutes
Tags: consumer confidence, consumer spending, dollar, greenback, house prices, jobs, us
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