Sunday, June 28, 2009

Dollar to Rise Most Since 1981, Best Predictor Says

“I’m reasonably bullish on the dollar,” said Henrik Gullberg, a currency strategist in London at Frankfurt-based Deutsche Bank, which Euromoney Institutional Investor Plc ranks as the world’s biggest foreign-exchange trader. “If you look at the data over the past few weeks, it has been consistent with the situation where the U.S. is a quarter or two ahead” of the 16-country euro region in rebounding, he said.

http://www.bloomberg.com/apps/news?pid=20601087&sid=afH0UJDfj.GU

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