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March 22, 2005
Another Contrary Indicator for the Dollar
This week's Buttonwood column from the Economist sees the dollar as "heading inexorably down. The question is how much it takes with it."
This "certitude" comes after an 18 month run with the dollar down about 30%+ relative to the Euro.
We believe the dollar's performance in 2005 is likely to surprise the naysayers.
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