Thursday, May 19, 2011

Goldman Cuts Dollar Forecast Versus Euro on Growth Outlook - Businessweek

Goldman Cuts Dollar Forecast Versus Euro on Growth Outlook - Businessweek: "cut its dollar forecasts saying growth in the world’s largest economy is lagging behind other nations.

The greenback will weaken to $1.45 per euro over three months from an earlier projection of $1.40, analysts led by Thomas Stolper in London wrote in a note to clients yesterday The dollar will decline to $1.50 in six months and $1.55 in a year, the analysts forecast"

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