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Reuters: Dollar recovery in 2008 to slow gold's surge, says HSBC

Started by staff, March 03, 2008, 12:48:02 AM

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Dollar recovery in 2008 to slow gold's surge, says HSBC
      


TORONTO (Reuters) - The battered U.S. dollar is becoming oversold and should recover in the second half of 2008, tempering a record-breaking rise in gold driven more by inflation than any other factor, HSBC's chief commodities analyst said on Sunday.
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