Dollar weakness will continue, warns Barclays Capital
It has been a challenging quarter for foreign exchange investors, and the US dollar is likely to remain weak while the euro could strengthen slightly, according to Barclays Capital's latest global outlook report, published on March 24.
The US dollar has underperformed significantly over the past three months while European currencies have outperformed, and the bank expects those trends to continue, forecasting EUR/USD will rise to 1.45 in a month's time.
"Unexpected events have dominated the
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