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Re: [RT] euro



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I thought china was trying to depress its currency, since it wants to
maintain its competitive cost advantage.  At some point, market forces will
overcome this and asian currencies should also rise.
n


----- Original Message ----- 
From: "ChasW" <cwwaring@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, July 02, 2003 3:50 PM
Subject: [RT] euro


> the euro
>
> china is supporting its currency, other asian economies are managing their
> currecy visavis the dollar mexico is virtually tied to the dollar, the
only
> relief valve is the euro
>
> more than would be rational is my guess
>
> ----- Original Message ----- 
> From: "Kent Rollins" <kentr@xxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, July 02, 2003 2:41 PM
> Subject: Re: [RT] plausible scenario....??
>
>
> > In order for the dollar index to fall, other currencies have to rise.
> Which
> > other currencies do you think will rise and by how much?
> >
> > Kent
> >
> >
> > ----- Original Message -----
> > From: "EarlA" <earl.a@xxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Wednesday, July 02, 2003 2:35 PM
> > Subject: Re: [RT] plausible scenario....??
> >
> >
> > I think that's an optimistic assumption but it's on the way.
> >
> > Earl
> >
> > ----- Original Message -----
> > From: "Norman Winski" <nwinski@xxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Wednesday, July 02, 2003 11:20 AM
> > Subject: Re: [RT] plausible scenario....??
> >
> >
> > MS,
> >
> >  I think that long term, the US Dollar Index is headed to at least 88
and
> > possibly
> > 78.
> >
> > Regards,
> >
> > Norman
> >
> >
> >
> >
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> >
> >
> >
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http://docs.yahoo.com/info/terms/
> >
> >
> >
>
>
>
>
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>


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