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To: Chispas who wrote (321)8/14/2003 5:34:30 PM
From: maceng2  Read Replies (2) | Respond to of 1417
 
I dont have any further news, except to say the same. I see some trading companies have back up power supplies. Cool..

asia.reuters.com

Dollar Slips After U.S. Blackouts
Thu August 14, 2003 04:54 PM ET
NEW YORK (Reuters) - The dollar slipped against the euro and the yen on Thursday in choppy trade after power outages struck parts of New York and elsewhere in the east coast region.
Shortly after 4 p.m. EDT the dollar moved lower, with the euro rising to $1.1286 from around $1.1245 just before the power went out in Times Square, New York. Against the yen, the dollar fell to 118.90 yen from around 119.10 yen prior to the blackout.

Witnesses reported power outages in New York, Detroit, Cleveland, parts of New Jersey, Toronto and Ottawa.

Backup generators enabled some investment banks' forex desks to continue trading. At Barclays Capital in New York, one global market strategist said trading systems were still functioning in spite of the power outage.