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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (38512)9/20/2003 5:27:45 PM
From: J. Kerner  Read Replies (3) | Respond to of 74559
 
5% is nothing. The yen/dollar has been in a tight range for almost 3 years, mostly because of an intervening Japanese Fed. Finally broke out this week. Market value for a free floating yen/dollar is at least another 10-15%.

John Snow might regret getting what he wished for. A weak dollar is likely to turn into a rout over the next couple months.