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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (13976)	10/25/2004 10:58:11 AM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Juncker sees any further euro rise vs dollar as ´serious problem´ - spokesman [This is interesting. Who is this guy? Who does he replace? This sure is a difference from the tone we have seen lately about wanting a higher Euro to combat inflation and lower oil prices. does he vote on ECB decisions? Mish] Monday, October 25, 2004 10:37:33 AM afxpress.com Juncker sees any further euro rise vs dollar as 'serious problem' - spokesman LUXEMBOURG (AFX) - Luxembourg premier and finance minister Jean-Claude Juncker would see any further rise in the euro against the dollar as "a serious problem", a spokesman said Juncker will be the euro group's first permanent president from January, when his country takes on the EU's rotating presidency His spokesman noted that the previous range which caused concern was 1.27-1.29 usd. The euro is currently trading at 1.2823 usd Juncker's view was that "it could be a serious problem if it went further up", the spokesman said He added that "the trend looks pretty bleak", saying the US presidential election is "adding to uncertainties in the market"