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To: pater tenebrarum who wrote (85613)2/20/2001 12:52:26 PM
From: John Pitera  Read Replies (1) | Respond to of 86076
 
chances of another leg up for the Euro are pretty good...

that's my feeling, and we should see US short rates going down more this year than the ECB and that
gives an added exchange rate differential advantage to the euro.



To: pater tenebrarum who wrote (85613)2/20/2001 1:36:55 PM
From: awi  Read Replies (1) | Respond to of 86076
 
Last year, M&A flows were cited to explain the fall of the euro. Apparently the fact that these have abated (with many European companies now stuck with much too expensive, newly acquired U.S. assets) aren't doing the euro much good either...


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