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Physicist, Startup Founder, Blogger, Dad

Monday, November 22, 2004

UBS FX report

Received from one of our correspondents, this UBS report is skeptical of the Bretton Woods II hypothesis. There is quite a lot of interesting data on the US balance of trade, historical FX rates, etc.

The conclusion is similar to my own view - the Asian dollar bloc will persist for a year or two at least, with the euro bearing the brunt of dollar depreciation pressure.

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