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IPFS News Link • Dollar Meltdown The

Dollar facing 'power-shift': analysts

10-11-2009 • Breitbart

"Despite what the Fed and other central bankers say, a weaker dollar is desirable because it is necessary to rebalance the global economy. "As long as the decline is gentle and orderly, then they're happy. But aggressive selling would spook the markets," he added. Commerzbank currency analyst Antje Praefcke agreed that the market's reaction was significant because it showed that the dollar was on a downward trajectory.

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