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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (6829)2/3/2004 12:33:02 PM
From: philv  Read Replies (1) | Respond to of 110194
 
How much more can Japan cut to devalue the YEN? And, if they do, is there any guarantee that it would not result in a fresh round of competitive devaluations with no net benefit?



To: mishedlo who wrote (6829)2/3/2004 3:01:53 PM
From: Haim R. Branisteanu  Respond to of 110194
 
Yes there was intervention and it is obvious that EZ is doing nothing even that IG Metal want 4% wage increases.

Every one who has some formal government / administrative position and appears on CNBC Europe has a oppinion on the EUR/USD rate and each of them contradict each other


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