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New Fundamental Rules for the Greenback: HSBC

June 10, 2011

The foreign exchange market has turned upside down and the dollar no longer has an anchor as investors grapple with the implications of quantitative easing, discussions to raise the debt ceiling and the recent slowdown in US growth, according to David Bloom, the global head of foreign exchange strategy at HSBC.

Source: http://www.cnbc.com/id/43350355?__source=RSS*tag*&par=RSS
 
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