Goldman Sachs bets against the recently rising dollar, saying clients should buy euros that it...

|By:, SA News Editor

Goldman Sachs bets against the recently rising dollar, saying clients should buy euros that it forecasts will rise to $1.55 in three months. “The recent positive growth impact from the inventory cycle and fiscal stimulus is likely to taper off during 2010," the bank said, adding that the dollar tends to weaken in the last two weeks of December. Currently: Euro at $1.4579.