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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Les H who wrote (201440)10/31/2002 11:19:38 PM
From: JRI   of 436258
 
A friend of mine, who knows a thing or 2 about currencies, was arguing that a Fed rate cut/raises don't necessary correlate with movements the dollar. He didn't have time to explain...

You (or anyone) got an idea about the validity of this claim. I'd think they are-at a minimum-somewhat positively correlated....
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