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JP Morgan forecasts continued soft dollar, bullish for EM assets

New Delhi [India], May 26 (ANI): The US dollar will remain soft this year which is likely to benefit Emerging Market (EM) assets according to a research report by American investment banking firm JP Morgan. ‘USD could stay soft this year, which would help EM assets. EM historically traded inversely to the dollar, and the big question is whether the last 15 years’ downtrend in EM and the strong USD could be ending,’ say