U.S. currency expected to gain European debt crisis weighs on global economy.
By Lukanyo Mnyanda and Catarina Saraiva, Bloomberg|April 23, 2012 at 04:56 AM|Originally published on Treasuryandrisk.Com
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There’s at least one thing that bulls and bears on the U.S. economy agree on: the dollar, the most undervalued major currency in the world, is due to rise as Europe’s sovereign debt crisis threatens the global recovery.