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Politics : Stockman Scott's Political Debate Porch
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To: Jim Willie CB who wrote (2349)7/16/2002 11:25:04 PM
From: t2  Read Replies (2) of 89467
 
jim, Saw some commentary that the YEN is now overvalued against dollar. The trade that is in play is the dollar weakening against Euro according to some analyst on bloomberg this evening.

So far, dollar index holding day levels. Can be a case of it stabilizing overall but still weakening against Euro as it may be seen as an alternative reserve currency.
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