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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: sea_urchin who wrote (20307)3/5/2004 7:09:52 PM
From: The Vet  Read Replies (2) of 81766
 
Searle, it seems that the rise in the US dollar may have hit a speed bump. If it wasn't for serious BOJ intervention on the Yen/USD rate the USD would have had a much worse day than it did.

Here is an interesting comment from a Barrons article on Inflation and the markets ...

"We'll leave the rest of the analysis to the reader, as rising interest rates in the magnitude implied by the chart (a full percentage point vs. just a fraction), would pose a problem for all financial assets. And by default, they would be good for hard assets like precious metals and real estate."

online.wsj.com
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