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A rising dollar is among the ‘biggest threats’ to the global economy, strategist says

April 5, 2018

Via: CNBC

Global economic growth could soon be derailed by a bounce in the U.S. dollar, a strategist told CNBC Thursday.

A trade showdown between the U.S. and China is widely expected to be detrimental to global economic growth, while elevated tensions over the standoff between the world’s biggest economies has also dulled the dollar’s appeal. The U.S. currency has recorded five consecutive quarters of losses, which includes the last quarter ending March 31.

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