Word: norfield
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...more on the European economy, see business.) Europe's own woes make it unlikely the dollar will spiral much further, and investors won't abandon the U.S. "I find it difficult to believe that people will buy European assets thinking, 'Hey, what a great place this is!" says Tony Norfield, head of foreign-exchange research at ABN AMRO in London. But as the U.S. digested a raft of bad news last Friday - including a surprise fall in consumer confidence and a current-account deficit that ballooned to $40 billion in November - no one expects the greenback to stand tall soon...
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