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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: maceng2 who wrote (25151)11/8/2002 11:09:37 AM
From: energyplay  Read Replies (2) of 74559
 
I think ECB will cut rates in the next 3 weeks or so.
They want to seem independent of the FED, also they like Euro > USD$ for now and like the money flowing in. Big ego/reputation issues involved, both for whole Euro project and people.
Germany is screaming right now, and high rates are affecting France, and this is starting to spread.

Might move a little faster if Euro gets to $1.03 USD or so...
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