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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (1213)	10/18/2005 9:42:30 AM
From: elmatador	Respond to of 218069

after Greenspan said the sharp spike in energy prices after the Gulf Coast hurricanes would not affect the U.S. economy. The euro bought $1.1952 in early European trading -- down from $1.2035 in New York late Monday -- after Greenspan said in Tokyo that the sharp spike in energy prices after the Gulf Coast hurricanes would not affect the U.S. economy. The dollar hit a two-year high against the Japanese yen Tuesday and also pushed higher against other major currencies after optimistic remarks. Greenspan said that with world oil markets exceptionally tight because of rising global demand, the likelihood of a sizable spike in prices due to the loss of Gulf Coast production was "an accident waiting to happen." But he added that it should not have the severe economic impact of the 1970s oil shocks. news.moneycentral.msn.com.