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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (31341)	4/11/2003 8:07:04 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

energyplay, I see your point, and see the difference between USD dropping on its own vs having the HKD dropping against the USD; which I suppose may in fact trigger, inexplicably, the RMB to wobble should the Beijing authorities decide to try to defend the HKD. The Euro continuing to rise against the Dollar of its own power, as opposed to a general across the board weakening of the Dollar against all major currencies would be puzzling to me, because socialist Europe already make some of the most expensive things that are bought outside of Europe. A further rise in Euro on its own power can happen as the Old Europeans stop investing in New World. OTOH, a Dollar drop against JYen is also difficult for me to imagine, but it would not be the strangest thing that has happened. The inkling of that happening will cause the Japanese financial institutions running large US bound portfolios to ... ugly. I just do not have a good feeling about it all. Chugs, Jay