Dollar to Gain on Obama Policies
Dollar to Gain on Obama Policies
(11/5/2008 12:00:00 AM)
Peter Rosenstreich, chief market analyst at ACM Advanced Currency Markets, talks with Bloomberg's John Dawson from Zurich about the impact of Barack Obama's U.S. election victory on the dollar and the outlook for tomorrow's Bank of England interest-rate decision. BOE policy makers will lower the benchmark interest rate by at least half a percentage point as the country heads into its first recession since 1991, economists say.
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