Informa: Dollar miles ahead of flagging euro and sterling
Jeremy Boulton, manager of foreign exchange fundamentals at Informa in London, said: "Our currency forecasts are based on the global recovery that had its roots in Asia, but has since seen the US taking an ever more central role." In April, the International Monetary Fund (IMF) raised its outlook for the US, with an improved 2010 and 2011 growth forecast of 3.1% and 2.6% respectively. World growth for 2010 is tipped to reach 4.2%, an increase from the 3.9% prediction in January.
Strong US data
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