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Currency exchange issues continue to sway the marketplace

07/05/2003

 

Both current financial markets and economical data demonstrate how uncertain the world is at present about the future. The market has found a level after the Iraq war, but remains extremely volatile.

 

Facts are frequently being ignored and the financial community is treating speculations and trends as being more important. This is demonstrated by the example of the US consumer confidence index, which is extremely positive, despite the declining US dollar exchange rate.

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