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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (28112)	2/20/2003 8:07:19 PM
From: X Y Zebra	Read Replies (1) \| Respond to of 57110

u r welcome.... (i still need to learn other features it has) gold kitco.com USD quotes.ino.com Japanese Forex Trading Preview by Korman Tam No Key Data The greenback came under renewed pressure in Thursday trading on a combination of disappointing US economic data and lingering geopolitical fears. The economic reports weighing on the dollar consisted of an unexpected jump in January PPI by 1.6% -- its largest increase in 13 years, a burgeoning US trade deficit in December to record levels at $44.24 billion, and a sharp plunge in the February Philadelphia Fed index to 2.3, considerably lower than consensus forecast of 10.3. Accordingly, the dollar fell to one-week lows against the euro and swissie, and a four-week low versus the yen. Meanwhile, on the geopolitical front, with stepped up US efforts to present a second resolution to the Security Council by next week, Russia has also increased its resistance to war. Russian Foreign Minister Ivanov said that he believed weapons inspectors were being coerced into providing negative results in order to justify military action. Ivanov also suggested that Russia might veto any resolution that would authorize military action against Iraq. Weapons inspectors are expected to provide the Security Council with a third progress report as early as March 1st. Any further delays in securing a second resolution authorizing the use of force would likely prompt the Bush administration to engage in a unilateral attack. Washington has previously stated that it has the necessary authorization to use force on Iraq, with or without international support. It remains to be seen whether the US will be capable of attaining UN backing in the coming weeks to engage in war multilaterally. more... forexnews.com