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The Bottom Line

By Anne D. Picker, International Economist, Econoday     Friday, April 13, 2001

The focus next week in foreign exchange and equities markets should shift away from a behind the curve ECB and ongoing Japanese political wrangling, and center instead on hard U.S. economic releases and their implications for the U.S. economy, the dollar and by extension, world growth. For now, the U.S. dollar continues to be rewarded for whatever the reason, as a safe haven currency or as the currency of a prime investment target, and there is little on the horizon to change that.

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