Some analysts whose forecasts were the most accurate by the results second half of 2010 believe that the greenback will be the best performer this year as the Federal Reserve’s quantitative easing will stimulate the US economy. According to the economists surveyed by Bloomberg, in 2011 American economy will expand by 2.6%, European – by 1.5%, Japan’s – by 1.3% and Britain’s – by 2%.

The investors seem to refocus their attention from the Fed’s plan to print cash to buy $600 billion of Treasuries to the euro zone’s debt crisis, deflation in Japan and UK austerity programs.

Wells Fargo & Co., Bank of Tokyo-Mitsubishi UFJ Ltd. and SJS Markets Ltd. expect US currency to gain versus euro, yen and pound. Specialists at Wells Fargo are looking forward to 5% advance of dollars rate against the single currency and 11% versus yen. In their view, the greenback will be supported by rising interest rates on US bonds.

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