By Daniel Tilles
Nov. 9 (Bloomberg) -- The dollar’s weakness may gather pace as 2009 draws to a close, according to Royal Bank of Scotland Group Plc.
“Overall risk appetite may remain relatively subdued into year-end, although it would not surprise to see the dollar weakness appear to take on more of a life of its own, rather than just a negative correlation to equities,” Greg Gibbs, a foreign-exchange strategist in Sydney, wrote today in a report.
To contact the reporter on this story: Daniel Tilles in London at dtilles@bloomberg.net
No comments:
Post a Comment