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Strategies & Market Trends : Classic TA Workplace
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To: John Madarasz who wrote (77612)7/18/2003 8:52:35 PM
From: Haim R. Branisteanu  Read Replies (1) of 209892
 
John there is quite big turbulence in FX markets mostly as a result of years of imbalances.

The USD should go lower but EZ is fighting back by trying to lower the Euro

Now China is under growing attacks to remove the peg. It makes no big difference as the issue is not so much the peg but the way China produce / manufactures stuff and the complete disregard of international laws
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