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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 (7270)	2/8/2004 2:57:38 AM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 110194

I wish European will also stop offering opinions on the FX levels it will lower volatility. Actions are needed not giberish 12:49am 02/08/04 Deutsche Bank sees euro decline, yen strength after G7 By Allen Wan TOKYO (CBS.MW) -- Deutsche Bank said in a note that it expects the euro to fall against the dollar and the dollar to climb against the yen following the conclusion of the Group of Seven finance ministers' meeting in Boca Raton. Deutsche Bank currency strategists say they expect an initial decline for the euro to $1.25 or $1.24 with the possibility of a slide all the way to to "$1.20 over the next few weeks." They also expect the dollar to climb "well back towards the 106.00 level." They said that while the G7 communique kept the spirit of the last Dubai meeting, the group may have felt that the euro's appeciation may have "gone too far."