Informa: Quantitative easing threats weigh on the dollar

time-money

 

Tony Nyman, head of foreign exchange fundamentals at Informa in London, said that at the time of forecasting the research firm predicted concerns over the economic outlook of the US would weigh on the dollar. In particular, Informa was focused on the threat of further quantitative easing.

"The US economic recovery, which was tipped to be the leading light at the start of the year, has hit a soft patch since the beginning of the second half of the fiscal year," said Nyman. He noted non-farm

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