16.12.2011 - Global currencies in 2012: Five predictions and a curve-ball
The euro's overvalued, the pound's set to rise and watch out for Turkey's wildcard lira, writes Chris Towner of foreign currency exchange broker HiFX. Predictions for China: Over the past few years China has proved to be an engine for growth, counterbalancing some of the recessionary shocks in the Western world. However, similarly to Japan in the late-1980s, there are signs that the incredible double-digit growth is starting to slow...............................................Full Article: Source
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