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To: orkrious who wrote (192042)9/15/2002 9:25:26 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 436258
 
The European Central Bank apparently is going to cut rates soon. Hence the big rally in the buck.

Global markets should bounce nicely on Monday.



To: orkrious who wrote (192042)9/15/2002 10:36:19 AM
From: PMG  Read Replies (2) | Respond to of 436258
 
quotes.ino.com

shouln't the currency go UP when the central bank cuts rates according to the favorite public rationale ("lower rates are good for the economy"), especially when the rates ARE lowered to prop economy...?

THIS STINKS; there most be sth. else going on ... war, crash-of-whatever-entity...


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