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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (5844)1/22/2004 3:14:12 PM
From: Louis V. Lambrecht  Read Replies (1) of 110194
 
Yup! Russ - current fluctuations are Japan drive. Don't remember how many trillion Yens the MOJ was selling to the CB to further sell Yens against the Dollar.

My point is that as well Nafta and Euroland are pretty much self-sufficient and imex between these two zones is marginal (although making big titles in the press).
Countries or sectors whining about their losses are purely mismanaged, not hedged against currencies risks.
Why was the "strong Dollar" of the nineties good for the economy and why is a strong Euro bad for their economy?
SOB.

As part of their entry ticket to the WTO (and this is also 2005), China is expected to revalue the Yuan by 6%. IMHO, this will shake the bottle more than USD/EUR exchange rates.
Even 1.50, we've gone through this before
lvlamb.itgo.com
and part of my doubts now, I would like to see some consolidation of the exchange rate in a 1.05-1.15 band before going much higher. Kind of making a handle to the current cup. <g>
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