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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: ild who wrote (175916)6/28/2002 9:29:47 AM
From: ild  Read Replies (5) of 436258
 
07:26 ET Soros thinks dollar could extend declines -- WSJ : WSJ reports that former hedge fund manager George Soros wouldn't be surprised if the dollar loses a third of its value over the next several years. Given that trends in currency markets tend to last several years and involve major market swings, it "would not be unprecedented" for the dollar to lose a third of its value from recent levels.
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