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

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To: Earlie who wrote (25255)	3/11/2005 2:12:06 AM
From: mishedlo	Read Replies (3) of 116555

Currency Madness Between February 22 and March 10 we have witnessed in order the following sequence of statements by South Korean officials 1) South Korea would diversify out of US$ 2) denial of those statements 3) threats to intervene and buy US$ 4) actually carrying out that threat with a $2 billion currency intervention. Meanwhile Japan 1) threatened to intervene 2) the Japanese PM threatened to diversify out of US$ 3) later the very same day the Japanese MOF denied that diversification threat. ........ ..... My latest blog post globaleconomicanalysis.blogspot.com

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