GFT: US dollar set for a fall
Paul Jamgotch, managing director in foreign exchange at the retail foreign exchange broker in New York, said the longer-term effects of the US leadership decisions were overlooked amid the deteriorating eurozone sovereign debt crisis.
"In our estimation, the US economic future had been temporarily put aside in favour of focusing on the European woes," said Jamgotch. He referred to burgeoning US public expenditure, including "heathcare reform, cash for clunkers, home-buyer tax credits and the
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