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To: NOW who wrote (246285)6/18/2003 5:46:41 PM
From: yard_man  Respond to of 436258
 
>>what you seeing? <<

what I've been saying for the past couple of days: no rate cut --

rates have already started moving up in anticipation --
I expect the USD will firm at least up till that announcement -- with a bit of intervention --

gotta get ready for the spin that things are getting better / no action needed

sometime after they will start selling the buck again, bu thow long after??? that's the question.