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To: MythMan who wrote (241228)	5/18/2003 10:41:10 PM
From: Giordano Bruno	Read Replies (1) \| Respond to of 436258

media5.bloomberg.com:443/cgi-bin/getavfile.cgi?A=16221218 kitco.com

To: MythMan who wrote (241228)	5/18/2003 11:27:43 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 436258

It is my observation that the change in the approach to the USD. Rubin afraid of inflation refined the strong USD policy. Now at 2.2% yearly inflation those tricks are not needed anymore ......... and EZ has a problem. The trade deficit wiht EZ is around 67 billion a year well below the total trade deficit but the EUR rose most against the USD. China has a bigger surplus with the US but it's currency is peged as is that of most SE Asia countries so in this respect Snow is right