Currencies reflect dollar's ups and downs.(Finance)

African Review of Business and Technology,  November, 2006  

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WITH THE PRICE of oil weakening and disturbing news on North America's housing and inflation fronts the US dollar has had an up-and-down record over the past month. The only significant falls have been against the Japanese yen and the euro where much lower rates than apply in the US mean that there is room for a rise which could keep the currency ahead of the dollar as a holding prospect over the next year. The pound sterling is expected to maintain its ground and the Swiss franc is looking a poor short-term prospect.

The real interest this month is in what the dollar's ...

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