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


To: Louis V. Lambrecht who wrote (7751)2/11/2004 4:58:08 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
So, "high" Euro compared to what?

High is compared to the extreme level of bitching before and during the G7 conference. If they like a high Euro, they would not be bitching about it and asking the US to cut the "flexibility" phrase and threatening to defend the currency from appreciation by buying the US$.

That tells me they think it is EXTREMELY high.

M