US dollar set for safe-haven flows in 2012, according to industry poll

yannick-naud-glendevon-king-2011
Yannick Naud, Glendevon King Asset Management

After a year of unprecedented volatility in foreign exchange markets that has increasingly come to focus on the eurozone crisis, EUR/USD – the world's most liquid and widely traded currency pair – looks set to end the year close to where it started, around 1.30.

But a widespread expectation among strategists and traders that the euro has some way to fall in 2012, and that the eurozone crisis is still far from over, means the debate about safe-haven currencies is as vibrant as ever. Many

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