BarCap: USD down as appetite returns
Barclays Capital has risen to the top slot of this week's one-month currency forecast rankings owing to a bearish dollar view based on the return of risk appetite.
David Woo, head of foreign exchange strategy at BarCap in London, said the bank had firm confidence in the sustainability of the return of risk appetite, which would cause investors to ditch the greenback safe-haven shelter.
"We felt that green shoots growth taking hold was going to be bad news for the dollar, as it would reduce the
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