Informa on top as recession woes abate
Informa Global Markets topped this week's three-month currency forecast rankings by backing dollar weakness as risk appetite returns to the market.
"We based our forecasts for dollar weakness on the back of the return of risk appetite as global recession woes receded," said Pete Luxton, global economic adviser at Informa Global Markets in London. "Equity markets had started taking off while evidence from the high-yield foreign exchange and commodity markets was for a return in size of fund flows
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