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Strategies & Market Trends : Waiting for the big Kahuna
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To: Jack of All Trades who wrote (52842)7/11/2001 3:55:12 PM
From: clochard  Read Replies (1) of 94695
 
Swiss Francs are ok but the the Swiss National Bank tries to keep it from rising by buying British Pounds and other stupid tricks to help exports. The Euro seems like a better bet because the interest rate is higher and it is suspected that it is so low right now because of all the DM cash kept by eastern Europeans, black marketeers, and the black economy is being switched into dollars before the Euro cash becomes available at the same time that DM cash becomes unusable.
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