Indicators hit the mark
CURRENCY FORECASTS
Paul Jamgotch, managing dealer at the online FX trading firm in Ada, Michigan explained that at the end of May, the dollar had fallen to a level where the market would traditionally have found it attractive to buy dollars again. This prompted GFT to take a more bullish stance on the dollar.
"We've been neutral to bullish on the dollar before most other analysts," Jamgotch told FX Week. "And from a technical perspective we saw the market oversold.
"Going forward, we see the US dollar as a bull
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