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To: pater tenebrarum who wrote (113331)	7/18/2001 5:35:45 PM
From: SOROS	Read Replies (1) \| Respond to of 436258

jpost.com

To: pater tenebrarum who wrote (113331)	7/18/2001 5:40:24 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 436258

Heinz, have you noticed the strong move in the Euro? What is your take on the Euro now? The currency run from a low of 0.835 on July 5/6 to an high of 0.874 this evening. A move of 400 ticks in 10 days that is quite impressive on no real economic news. This move is quite strong move after a consolidation since mid May. My take is that 0.25bp rate cut in the US is in the currencies for the time being. Haim