Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: xcr600 who wrote (13009)	4/1/2004 2:31:40 PM
From: James Strauss	of 13094

The unexpected resilience of the dollar - which is up against the euro and down marginally against other major currencies this year - is a result of an extraordinary market manipulation by Japan, which has spent nearly 15 trillion yen, or $142 billion, to prop up the dollar to help Japan's exporters sell abroad. xcr: Japan can't afford a cheap dollar that would make its goods less competitive with ours in their markets... They must be running out of yen or smell a U.S. interest rate increase down the road... Perhaps that road is getting shorter... The jobs report tomw may give us a clue... Jim

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