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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: KeepItSimple who wrote (24963)	9/5/1999 10:00:00 PM
From: Syd Deem	Read Replies (1) \| Respond to of 99985

Right but look what Blomberg has to say "Traders are now focusing on a report of April-June growth, slated for release Thursday. ''The dollar might fall below 108 yen before the release of the GDP report,'' said Tetsu Aikawa, a foreign exchange manager at Sanwa Bank Ltd. The dollar earlier fell as low as 109.15 yen and recently traded at 109.38 yen, down from 110.04 yen in late New York trading Friday. The euro fell as low as 115.50 yen and currently traded at 115.73 yen, down from 116.77 yen in New York. The European single currency fell to $1.0583 from $1.0612 Friday. "