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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: mike60613 who wrote (79144)6/23/2003 8:34:42 AM
From: Louis V. Lambrecht  Respond to of 100058
 
Mike - re:Dollar. Got a hint this weekend.
Treasuries have been on a selloff this week (lower prices = higher yields), higher yields helped the Dollar.
The selloff in treasuries are also hinting that the speculators now are playing the 25bp rate cut.

Agree, best to wait for the announcement, let them speculators settle on the treausries, then back to the market.
Btw, nice opportunity for central banks and hedge funds to buy some Euro on the cheap.