Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: zonder who wrote (1698)	3/10/2004 2:17:44 PM
From: mishedlo	Read Replies (1) of 116555

The UK will cut when housing plunges. I think UK housing will plunge in due time. As for the other currencies it is very very difficult to say. I have commented on all the cross currents. Japan buying US$. Europe threatened to. Japan does not want Europe to. The US wants a lower US$. Everyone else wants a higher US$. Europe might be heading into a recession. Hmmm is that what the US$ is saying today? The US will likely follow suit. Everyone wants China to repeg. China will not repeg. High Aussie dollar is hurting exports. Canada is Cutting. I think Europe will cut in a couple months. So if you can figure out will all that exactly what currencies will do, please tell US!. gggg I prefer interest rate plays. I like the Euribor as I think Europe cuts. Mish

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