No soft patch for the dollar
CURRENCY FORECASTS
Jeff Cooper, vice-president, foreign exchange at the Canadian bank in Toronto, told FX Week that its less bearish view on the dollar was supported by the comparably weak economic performance in the euro bloc.
"Combined with technicals, our forecast for non-trending, back and forth moves had us correctly predicting the current range-trading environment we now find the market tracing out," said Cooper.
He said that given recent strong US numbers last week, it was announced that the US trade
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