Dollar Falls to 1-Week Low as CPI Backs Fed; Pound Erases Gain – Bloomberg 03-15-13

Salient to Investors:

Sireen Harajli at Credit Agricole says the Fed will continue with QE and maybe start tapering off toward the end of 2013, while dollar weakness is  just risk-on.

Kengo Suzuki at Mizuho Securities said the Fed will continue monetary easing even as economic indicators improve, and that will weigh on the dollar. Suzuki sees no inflation concern in the US.

Read the full article at http://www.bloomberg.com/news/2013-03-14/dollar-remains-lower-as-inflation-seen-no-threat-to-fed-stimulus.html

Click here to receive immediate email alerts of the latest forecasts.