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08-11-2008, 01:29 AM #1
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Japanese ‘doubt dollar’s recovery’
Japanese ‘doubt dollar’s recovery’
By Lindsay Whipp in Tokyo
Published: August 8 2008 00:47 | Last updated: August 8 2008 00:47
Japanese bond investors are worried that the recent dollar rally may be short lived as concerns about turmoil in the US financial market persist, says Barclays Capital in a report based on a weekly investor survey.
The report, based on a survey of 19 financial services professionals, showed that nearly 60 per cent of respondents are not convinced the risk of a slide in the dollar due to financial turmoil has been eliminated.
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