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

To: EL KABONG!!! who wrote (45656)	2/5/2004 2:55:03 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

<<flooding the currency market with Euros. (Wouldn't that be interesting? More US$s, Euros, Yen, Yuan and every other currency than you can shake a stick at... <g>)>> ... something to look forward to, anticipate, prepare for, and hopefully profit from ;0)

To: EL KABONG!!! who wrote (45656)	2/5/2004 4:30:54 AM
From: elmatador	Respond to of 74559

Euro was low, not that the USD was high. The Euro was launched at 1.2/USD. For a few years the Europeans enjoyed a competitive advantage by having their Euro low. For the Euro to be consider high, it should go to 1.5/USD.

To: EL KABONG!!! who wrote (45656)	2/5/2004 4:59:44 AM
From: smolejv@gmx.net	Respond to of 74559

>>If and when Europe becomes truly concerned, then and only then, will they collectively take some action, perhaps flooding the currency market with Euros<< which Europe you're talking about? ECB? Not a chance. Politicians? Let their tongues hang out... What should "Europe" be truly concerned about? Competitive advantage against China/Asia(sg)? Not a chance (or intention) at any $/€ rate. Price of oil (ie how many dollars to a barrel)? We'll all bid it to the moon some time down the road at any $/€ rate. America flooding European markets with cheap,high-quality (har, har) products? Forget European customer (at least for now) at any $/€ rate - we're busily putting money aside either to pay off debts ("...I may be in a financially worse skin down the road, so...") and/or secure the unsecure future ("...I still want that farmhouse on that hill in Tuscany...")