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US$ drop is cue to start buying, says ING

The Amsterdam-based bank sees the Fed raising rates this year which makes buying the US dollar versus the euro the best play in currency markets, it says.

New York

IT'S TIME for investors who bailed on the US dollar in the past few weeks to get back in, says the most accurate currencies forecaster.

The greenback has tumbled 4.3 per cent versus the euro since touching a 12-year high last month amid speculation that the Federal Reserve