http://www.bloomberg.com/news/2011-07-20/alliancebernstein-stops-betting-against-dollar-shorts-euro-and-u-k-pound.html?cmpid=
“The dollar is cheap at the current level, as a lot of bad news has been discounted,” Chung said in an interview. “We are slightly more positive on the dollar now. We were a bit short three months ago. Another reason is that the debt problem inEurope is getting worse.”
“The dollar is cheap at the current level, as a lot of bad news has been discounted,” Chung said in an interview. “We are slightly more positive on the dollar now. We were a bit short three months ago. Another reason is that the debt problem inEurope is getting worse.”
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