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


To: patron_anejo_por_favor who wrote (34760)8/2/2005 8:06:55 PM
From: RealMuLan  Respond to of 116555
 
>> My guess is the dollar is still very heavily represented, maybe 85% or so, with 5-10% Yen and the rest Euro. <<

My bet is $ represents about 60%, and 25% Yen, Euro, Looney, Aussie $..., 15% of other Asian currencies, like Ton, HK$....

Although we may never know the weight of each currency, the variety of currencies may be made to public soon enough.

Euro--when it declined to 1.20 : $1, China may already have bought a big load. So you would not see much change in the market now.