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Page added on October 25, 2004

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Dollar Has Longest Losing Streak Since December 2000 on Oil

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“There’s very little on the horizon to stop the slide in the dollar unless we get a significant turnaround in energy markets,” said Hans Guenter Redeker, head of currency strategy at BNP Paribas SA in London. “People are getting more concerned about the impact of high energy prices” on U.S. growth.

Bloomberg



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