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To: John who wrote (248632)7/7/2003 2:53:52 PM
From: Haim R. Branisteanu  Respond to of 436258
 
The action in the FX markets are much more volatile than around Sept 11, 2001 just wonder who and what stands behind all that.

Competitive currency devaluation by the US or the ECB make a lot of sense to me.

Relative little economic news to drive changes in excess of 7% within a 3 week span in either direction.

There are rumors of China starting to sell treasuries