Mostly: Classical

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Martin M

Economist Martin Murenbeeld at Victoria-based M. Murenbeeld & Associates Inc. said he has been bearish on the greenback since last year. He expects the U.S. dollar will finish 2006 at between 130 and 135 versus the euro. The greenback declined to $1.2386 against the euro on Wednesday from a close of $1.2347 the previous day.

Mr. Murenbeeld said that what happens to the Chinese currency will be key for the future of the U.S. dollar. “The question is whether there will be any action post this meeting,” he said.