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HSBC Doubles Down on Dollar as Morgan Stanley Calls Its Peak

U.S. growth, rate hikes to fuel dollar over euro: HSBC’s Bloom
Greenback may benefit from haven flow if risk appetite wanes

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November 16, 2018, 11:24 AM UTCUpdated onNovember 16, 2018, 4:05 PM UTC

One of the world’s biggest dollar bulls is sticking to his guns as the U.S. economy powers ahead and dangles some of the highest interest rates versus Europe in history.

Wall Street’s “America First” playbook in 2019 will pack more punch, boosting the greenback along the way, according to David Bloom at HSBC Holdings Plc.