"People got a bit too excited about the idea the euro-area was going to break up and forgot that...

|By:, SA News Editor

"People got a bit too excited about the idea the euro-area was going to break up and forgot that the U.S. has a whole load of problems of its own," says David Bloom, HSBC's global head of currency strategy. Investors are now shifting focus back to the dollar, and raising their forecasts for the euro.