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To: Oblomov who wrote (53401)1/3/2001 3:00:19 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
Actually, I think that the Euro has been discounting the rate cut for some time, hence the rally. So it's a 'sell the news' correction. I don't think rate cuts are 'good' for the dollar, it implies the creation of more of them.

DAK