Nomura maintains faith in dollar recovery


On January 14, the Japanese bank correctly predicted EUR/USD would be at 1.35 in a month's time – accurately reflecting the spot rate on February 11. Looking forward, Nomura expects the dollar to strengthen over the course of 2011, based on improved economic data in the US.

"Our view over the past month or so, and it's also a view we retain now, is that the dollar should start to do well. The US economy is picking up and US yields were sharply higher this past month. That's how we supported our

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: