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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (2526)	8/28/2000 12:39:50 PM
From: Archie Meeties	Read Replies (2) \| Respond to of 3536

settling oil purchases in Euros, who would provide the impetus for this? Certainly not the oil states Nobody would want to settle in euros given its recent track record, but I don't take it as a foregone conclusion that OPEC is in the strong dollar camp. The question is really how they view the Euro, and I haven't the foggiest. I do find it interesting that they aren't in any rush to get oil prices in the low $20's, as Mr. Clinton recently advised them to. If they wished, they could have done so long ago.