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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Paul Kern who wrote (81230)4/27/2007 11:45:36 AM
From: Cabo Eddy  Read Replies (1) of 110194
 
<Euro Sinks To $1.36 After Hitting New High As Dlr Rallies>

That was a pretty big move in only a few minutes. Maybe they are putting a floor here on the dollar, and soaking up all that extra money via reverse RP's is part of the strategy.
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