The US dollar is expected to further strengthen in 2017, and the proposed border adjustment tax component of the US corporate tax reform proposal could spur a permanent real appreciation of the US dollar, generating a variety of currency related vulnerabilities for some sovereigns, Moody's Investors Service says in a new report. "Even a partial dollar appreciation could be very large compared to historical movements in the dollar, and pose significant but varied risks for other countries," Elena Duggar, a Moody's Associate Managing Director says. The report "Global Macro Risks -- Sovereigns: Stronger US Dollar and ... (full story)