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

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To: Haim R. Branisteanu who wrote (7394)2/8/2004 9:51:14 PM
From: mishedlo  Read Replies (2) of 110194
 
Currency moves - from Plunger
Euro:
Closed Fri 1.27
Opened today 1.26
Now 1.2725

Oz:
Closed Fri 0.77
Opened today 0.766
Now 0.775

Looks like the market said to our esteemed G7 lords and masters:

"You guys are so full of Cr@..."

My guess is the market presses very hard now for a rate cut in Europe, another in Canada, and forces a policy reversal in Uk and Oz.

Good for stocks worldwide, by the way. And metals, oil, property, bonds ... only cash is trash.

Plunger.
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