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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: GUSTAVE JAEGER who wrote (536)	9/1/1998 10:33:00 AM
From: Robert Douglas	Read Replies (2) of 3536

I hate to keep harping on this but it looks like the dollar has gained some real momentum on the downside. Am I the only one playing this? As I have said before in a number of posts, if the investment flows into the US dollar slow their rate of growth just a little bit, the virtuous cycle that has been driving the dollar the last several years could turn into a sustained downturn. Has this begun? -Robert

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