BoA Merrill raises spectre of long-term US dollar depreciation

The bank expects Asian currencies to see moderate appreciation against the dollar in 2011, but concerns over the sustainability of the US fiscal position could mean dollar depreciation down the line.


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How will you alter your portfolio after the US election result?





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Underweight US
  16%
 
Overweight US
  42%
 
Underweight EMs
  7%
 
Raise cash levels
  20%
 
No change
  15%
TOTAL VOTES: 138
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