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July 31, 2021

USD, forecasted to be the strongest currency in 2011

Analysts from three international scale financial institutions, Wells Fargo & Co, Bank of Tokyo-Mitsubishi and SJS Markets, forecast that the American dollar will appreciate both against the euro, as well as in relation to the Japanese yen and the British pound, Gandul.info reports. Nick Bennebroek, the chief analyst of the American bank Wells Fargo, reputed for his reliable forecasts regarding the currency market, also estimates the ratios by which the dollar may rise, that is, 5 pc against the European currency, and 11 pc against the yen.

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