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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Robert Douglas who wrote (3358)	5/11/2002 5:48:20 AM
From: maceng2	of 3536

Dollar rises against euro news.ft.com A humorous quote from the link... ------------------------------------------------------ ...."Also on Friday, the most interventionist G7 nation spoke out against foreign exchange manipulation. Masajuro Shiokawa, Japan's finance minister, said currency rates should be decided by each country's economic fundamentals and "not be manipulated artificially". From a government which has often intervened to curb the rise in the yen, this was a strange thing to say. Markets interpreted the comment in two ways"..... ---------------------------------------------------------- The same graph plotted daily futures.tradingcharts.com

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