Dollar starts the big slide against major currencies

G2099

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Mon May-01-06 07:33 PM
Original message

Dollar starts the big slide against major currencies

�I think this is it,� said Tony Norfield, global head of currency strategy at ABN Amro. �The dollar has been supported by high yields but markets are saying that is no longer enough. The question for policymakers is going to be how to manage the dollar�s decline. It won�t be a one-way street but the fall is likely to be biggest against Asian currencies.�

http://www.timesonline.co.uk/article/0%2C%2C2095-2157799%2C00.html

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Mnemosyne

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Mon May-01-06 08:43 PM
Response to Original message

1. How bad do you think it will get G2099, and why?

And how quickly?

Just trying to learn.:hi:

Thanks and a late welcome to DU! :toast:

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