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Politics : Ask Michael Burke

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To: BGR who wrote (77292)3/8/2000 6:09:00 PM
From: Mike M2  Read Replies (2) of 132070
 
BGR, when looking at valuations of the US$, Yen, EURO one must also consider the impact of the carry trade Yen carry trade has unwound to some extent creating strength against the dollar. Euro is now attractive for carry trade for a while the trend feeds on itself. mike ho ho ho
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