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Heads Dollar Wins, Tails It Rises: It's All Good for Greenback

  • Even weak labor data unlikely to end rally, Credit Suisse says
  • Signs of slower U.S. economy may mean ECB, BOJ do more
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U.S. economic strength is a boon for the dollar, and evidence of weakness may not prove much of an obstacle. The rally in the greenback is set to stay on course in either scenario, say strategists at Credit Suisse Group AG.

The dollar has gained against major peers since Sept. 17, when the Federal Reserve kept its target rate near zero. For a hint at the currency’s path forward, traders are fixated on Friday’s release of September U.S. jobs figures.