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More On The Falling U.S. Dollar

The U.S. dollar continues to drop – it’s down 2% against the euro just this past week. This isn’t a short-term decline as far as Michael Woolfolk is concerned. He’s the senior currency strategist at Bank of New York.

On Street Signs--Woolfolk says he thinks the dollar could be down as much as 5% to 10% by the end of 2007 – though he doesn’t see this derailing economic growth for the U.S.

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  • Co-anchor of CNBC's "Street Signs," Amanda Drury is based at the network's global headquarters in Englewood Cliffs, N.J.