The People’s Bank of China may double the size of the yuan’s trading band versus the dollar within weeks, Jens Nordvig of Nomura Holdings Inc. said.
Concern that some European countries will struggle to pay their debt has driven the euro down 12 percent versus the dollar since 2008 and may push it even lower, according to Nomura Holdings Inc.
"Leading up to the first hike, that's when the dollar gains the most consistently."
- Jens Nordvig on Aug 25, 2014
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