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To: mishedlo who wrote (221526)2/15/2003 12:27:06 PM
From: patron_anejo_por_favor  Respond to of 436258
 
<<There is strong support coming in near 99 every time it gets there and it gets smacked above 100.50 or so every time. Can this go on for months? Seems like a lot of players want to pin this area.>>

Could go as high as 104, if it does, I'll add to BEGBX. The currency plays are essential to hedge other dollar denominated assets, IMO.



To: mishedlo who wrote (221526)2/15/2003 12:28:39 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 436258
 
misheldo, longer term in the interest of the US is a lower USD. Europeans want a higher EUR out of pure "pride" reasons.

Stupid choices as everything else in Europe politics

Until the Iraq campaign is not cleared it would be difficult to predict the USD/EUR exchange rate.

Keep in mind that the US economy is recovering faster than Europe were economic structural change are not taking hold as intended.


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