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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Ahda who wrote (2200)	10/19/1999 9:23:00 AM
From: Henry Volquardsen	of 3536

Hi Darleen, Europe is more of a two way street for the US. Bilateral trade with Europe is generally pretty even and it is rare to have a large surplus in either direction. So I'm not surprised that there is a company with stronger Euro results than US. The importance of maintaining strong US demand is the net impact. Also US demand is currently much more important for Asia and global emerging markets. Henry

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