[Previous entry: "African Union seeks cash to send peacekeepers to Darfur"] [Next entry: "Arafat to be Transferred to Egypt"]
11/08/2004:
"Dollar expected to fall amid China's rumoured selling"
The dollar could slide still further, in spite of hitting an all-time low against the euro last week in the wake of George W. Bush's re-election, currency traders have said.The dollar sell-off has resumed amid fears among traders that Mr Bush's victory will bring four more years of widening US budget and current account deficits, heightened geopolitical risks and a policy of "benign neglect" of the dollar.
Full Article : news.ft.com