Monday, April 11, 2011

Best Currency Forecasters Say Dollar Weakness to Persist as Fed Stimulates


  • The most-accurate currency strategists see no recovery for the dollar in coming months
  • Wells Fargo & Co., the top forecaster for the second straight quarter, and No. 2 St. George Bank Ltd., say America’s currency will be little changed through June
  • the dollar will keep falling after its weakest start to a year since 2008
  • “The U.S. would like to keep interest rates as low as possible for as long as it can.”


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