US dollar predicted to hit new record lows

THE dollar could hit new record lows before the weekend, currency strategists forecast yesterday.
US dollar predicted to hit new record lows
Tue, 14 Dec, 2004 - 00:00
Brian O'Mahony, Chief Business Correspondent

On December 5 the dollar fell to $1.3470 - that level could be breached by Friday.

Investors sold the dollar yesterday fearing a worsening crisis in the trade and current-account deficits in the US.

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