The world’s most accurate foreign- exchange forecasters say the dollar will be the best currency to own this year as the Federal Reserve’s bond purchases bolster the U.S. economy instead of debasing America’s legal tender.
South Korea’s won may strengthen to the 1,125-1,100 level in 12 to 18 months as concern about conflicts with North Korea and derivatives regulation eases, according to Wells Fargo & Co.
Wells Fargo & Co., the top forecaster for China’s yuan, said investors should buy one-year non- deliverable forwards on the currency as its rally outpaces what the contracts have already priced.
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"Slow wages are notable, but I do not think it's a huge concern."
- Nick Bennenbroek on Jan 09, 2015