Goldman Sachs' Jim O’Neill has two bold calls for currency markets in 2012: a 14% plunge in the...

|By:, SA News Editor

Goldman Sachs' Jim O’Neill has two bold calls for currency markets in 2012: a 14% plunge in the Swiss franc vs. the euro and a nearly 30% surge in the dollar vs. the yen. Noting improved data on manufacturing and housing, O’Neill believes the U.S. economy could grow at 2.5% or even 3%, admitting his relatively upbeat call faces risks from "inept" European policy makers.