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

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To: CalculatedRisk who wrote (7249)	2/7/2004 4:45:53 PM
From: mishedlo	Read Replies (2) of 110194

G7 Agrees Currency Volatility Undesirable WOW! What News! /sarcasm off This is really funny. I did not expcet much but this is really scraping the bottom of the barrel. How far down will the US$ open on sunday or will Japan intervene immediately? European officials attending a global finance chiefs' meeting on Saturday said Europe had agreed with the United States that it is time for calm in currency markets and that the dollar has slid far enough against the euro. European sources who declined to be identified indicated a statement to be issued at the close of formal talks on Saturday would note their concern about "excessive volatility" in currencies -- a nod to euro zone fears that the euro's surge against the dollar could threaten the region's expansion. These idiots refuse to even be identified. Why?

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