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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Robert Douglas who wrote (3524)	1/20/2005 4:30:39 PM
From: SofaSpud	Read Replies (2) of 3536

Yes, I do still have it bookmarked. I have some interest, but suspect I'm not in much of a position to contribute -- my days of dealing in FX are now pretty far in the past. Certainly talking about the twin deficits is the flavour of the month. Personally I'm not all that persuaded by the doom and gloomers. IMHO it means further downward pressure on the dollar -- but that's why we have floating exchange rates, to accommodate those adjustments. I'd be interested in hearing a good argument for why it really is a disaster in the making.

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