Relative Growth Aids U.S. Asset Demand, Sinche Says: Tom Keene

U.S. economic growth exceeding the rest of the world is offsetting lack of action from lawmakers in bolstering demand for dollar-denominated assets, said Robert Sinche, global head of foreign-exchange strategy at Royal Bank of Scotland Group Plc.

“The U.S. still has growth and relative to the rest of the world that is attractive,” said Stamford, Connecticut-based Sinche in a Bloomberg Television interview on “Bloomberg Surveillance” with Tom Keene, Sara Eisen and Scarlet Fu. “If you have a zero-discount factor or zero-interest-rate alternatives around the world, then any kind of growth remains constructive.”