Wow a full year? I would love to see it....
Only Lew can stop dollar's bull run
The greenback will rise steadily against each of its major counterparts in the next year as the U.S. Federal Reserve looks to raise interest rates in July, according to David Bloom HSBC's global head of foreign exchange strategy. The currency stood at 87.898 against a basket of global currencies on Thursday with a significant appreciation since July. However the rise has cooled somewhat in recent days, with the dollar showing weakness Wednesday after the minutes of the Fed's last policy meeting struck a more accommodative tone than market-watchers had been expecting. However, Bloom remains adamant that the dollar ... (full story)