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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Ahda who wrote (3453)6/20/2002 12:05:44 PM
From: Robert Douglas  Read Replies (1) of 3536
 
More than Europe, Japan needs a weak currency. I think Japan will continue to try and limit the upside to the Yen. Europe, on the other hand, is still worried about inflation and will like a strong euro to fight inflation. They will need to stimulate their economies to make up for the lost export business.

That trade deficit was quite a shocker to most.
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