Thursday, April 12, 2012

David Bloom: The Dollar Will Weaken Against Everything:

David Bloom is the global head of foreign exchange strategy at HSBC.

"The US debt dynamics are out of control. In Europe yes there are problems but we are addressing the problems, but in the US tell me what they are doing about deficit reduction? Nothing. The dollar will weaken in the second half of the year as the US election will show the plans of both parties."

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