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Economy

Blackstone 'soothsayer' steps back from rising dollar prophecy

Byron Wien says Trump has 'reduced confidence' in the US

Byron Wien, vice chairman of private wealth solutions at Blackstone Group   © Reuters

TOKYO -- Byron Wien, vice chairman of private wealth solutions at the Blackstone Group, has published a list of "Ten Surprises" every year for more than three decades now. In the 2017 list, he predicted that some currencies will weaken against the dollar, with countries like Japan benefiting.

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