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To: John Pitera who wrote (36354)	4/26/1999 3:33:00 PM
From: Defrocked	Read Replies (1) of 86076

Dollar trading strange lately IMHO. We're near all-time high against Euro and Serbian difficulties continue. German bonds gave some ground today. Yen came in stronger but gave most of it during session. I don't see a good alternative to the buck yet given rate differentials, relative growth and global equity risk. BWDIK. Friday's Q1 GDP, the following week's NAPM, factory orders and the May 8th employment release may help establish a trend. My bet is on lower bond prices and stronger dollar-yen.

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