The US dollar has reached fair value against the euro, according to Ken Forman, global investment st...
The US dollar has reached fair value against the euro, according to Ken Forman, global investment strategist at Standard Life Investments. As of 9 July, the euro was at 1.13 to the dollar. Forman says the group's technical analysis of investor sentiment, volume and volatility suggests the currency is now approaching a period of range trading. However, looking beyond the short term, he believes underlying conditions suggest the dollar will continue to decline until it is clear to global investors that policymakers have been successful in their efforts to reflate the US economy. The e...
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