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To: per strandberg who wrote (1)	8/20/2000 10:32:26 PM
From: patron_anejo_por_favor	Read Replies (4) of 329

Per, I know all those currencies have been weak in the recent past. I think that's about to change: 1) The ECB appears to be ready for a 0.5% increase in the discount rate at the end of August, in response to increased inflationary #'s posted by several member nations in the last month. Intriguingly, with oil futures on a tear, it will be interesting to see if OPEC ever decides to go to a dual currency payment scheme (Euro and Dollar)... 2) The BOJ ended the "zero-interest" policy. We'll see if it's meant to be anything other than a symbolic change... 3) Gold appears to have put in a bottom on the charts (yeah, right<G>)... Of course over the past year, the dollar has approached its deathbed only to rally back every time. We'll see...

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