It’s time for investors who bailed on the dollar in the past few weeks to get back in, says the most-accurate currencies forecaster.
The greenback has tumbled 3.7 percent versus the euro since touching a 12-year high last month amid speculation the Federal Reserve will delay raising interest rates -- in part because the dollar’s strength is hurting U.S. economic growth. That concern is overblown, according to ING Groep NV, which topped Bloomberg’s rankings of foreign-exchange analysts for the second quarter in a row.
