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Non-Tech : The Dollar
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From: Alfred W. Post2/11/2006 8:55:20 AM
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One of the factors that helps the dollar to stay up is the difference in interest rates that can be gained in either dollar dedominated instruments or Euros. In Europe you hear now roumers that speak of a pending increase of the interest rates in the Eurozone. This would reduce the relative attractiveness of the dollar and cause its value to sink. If the European central bank will increase interest rates seems now more of a determinating factor than the growing US trade ballance. Fred
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