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TS Lombard says recent dollar strength won't sustain.

"We retain a negative view on the U.S. dollar, despite recent stabilisation," says Kiran Kowshik, Global FX Strategist at Lombard Odier.

The Swiss bank says the U.S. dollar has stabilised higher since mid-September, reflecting a voting pattern at the September Fed meeting where some members preferred a more cautious approach to cuts.

Globally, ex-USD weakness was also apparent due to the uncertain political news flow from France and Japan.

Looking aheada, Lombard Odier says dollar-specific drivers are to resume dominance of pairs like EUR/USD and GBP/USD.

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