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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who started this subject	1/24/2003 5:13:23 AM
From: friverola	Read Replies (1) of 12411

Davos economists predict falling dollar (Financial Times) Friday, January 24, 2003 ft.com An ever more unbalanced world economy and a falling dollar were predicted for the year ahead by economists and bankers gathering in Davos on the first day of the meeting of the World Economic Forum. A senior official of the Bank of China warned of "very volatile" exchange rates and, in particular, further falls in the dollar. Last year the dollar fell more on a trade-weighted basis than in any year since 1987. In the WEF's opening session, there was general agreement that the outlook for the world is, for the immediate future at least, synonymous with the outlook for the US. fxstreet.com

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