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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Harvey Allen who wrote (67628)11/30/2003 10:54:35 AM
From: John Carragher  Respond to of 94695
 
yup, and soros is shorting the dollar.



To: Harvey Allen who wrote (67628)11/30/2003 10:46:47 PM
From: Skywatcher  Read Replies (1) | Respond to of 94695
 
GLOBAL MARKETS-Mighty euro hits new high,
stocks steady
Sunday November 30, 10:25 pm ET
By Christopher Kaufman

(Repeated to add missing punctuation in paras 5 & 7)

SINGAPORE, Dec 1 (Reuters) - The euro hit a new record high against the dollar and
two-month highs against the yen on Monday, as political and economic fears gripped
the U.S. currency, but Asian stocks gained as exporters geared up for a pre-Christmas
shopping rush.

The euro (EUR=) stretched to a new
high of $1.2040, up half a cent from
late Friday levels, before retreating
to $1.2020 by 0220 GMT. The
single currency, which traded at
$1.1740 when it was launched in
January 1999, has recovered from a
record low of around $0.8225 set in
October 2000.

CC