Monday, November 08, 2004

Dollar expected to fall amid China's rumoured selling

That's it. I'm calling Putnam to see if I can switch my savings over to Euro-funds:
"The dollar sell-off has resumed amid fears among traders that Mr Bush's victory will bring four more years of widening US budget and current account deficits, heightened geopolitical risks and a policy of 'benign neglect' of the dollar. " More here.

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