US Treasury sales point to dollar bounceiment peaks

Informa Global Markets has claimed the top spot in this week's one-month currency forecast rankings with a bullish dollar view based on expectations the unit would garner support from the global purchase of US Treasury bills.

Peter Luxton, Informa's global economic adviser in London, said the company was looking at indirect bids for US Treasuries, which were partially foreign. "Despite all the talk about diversification - in foreign exchange reserve portfolios - US Treasury auctions have been

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