Forecasts Mixed For Dollar In 1996 But Analysts Note Similar Influences

BANKS

Analysts are divided over the direction for the dollar in 1996, with some pointing to an inherently weak U.S. currency, while others argue that it's time for a strengthening. Nevertheless, most agree that several key issues will determine its direction over the year: primarily developments in the European Union and the U.S.

One analyst paints a picture of a structurally weak U.S. dollar. "I think there's going to be disappointment in terms of the dollar," says David Gilmore, partner at Foreign

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