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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: CalculatedRisk who wrote (8955)2/29/2004 2:17:07 AM
From: ild  Read Replies (1) of 110194
 
CR, I don't think ECB will cut rates this week. European Central Bank is a lot more responsible than US Fed. In fact the Euro is just 8% above the level at which it was when it was introduced.

Also I don't think the Fed is going to do any intervention any time soon. I haven't seen any proof that they have done interventions in 2003 and 2004. Have you?
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