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To: Mark Adams who wrote (104402)5/23/2001 10:52:43 PM
From: John Pitera  Respond to of 436258
 
the collapse in the euro/yen cross the past 2 days has been breathtaking....
fxstreet.com

no doubt, there are some banks in on this as well, not just hedgies. that may be Citi selling in Singapore



To: Mark Adams who wrote (104402)5/23/2001 10:56:51 PM
From: Dave Kiernan  Respond to of 436258
 
I think a number of Federal Governments are wiseing up to the attempted 'Shakes' of their currencies. They may have a point or two to start, but believe me, the Feds, regardless of country, have the ultimate power.



To: Mark Adams who wrote (104402)5/24/2001 3:50:16 AM
From: NOW  Read Replies (2) | Respond to of 436258
 
Smells like a massive failure to me with unwinding of carry.


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