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To: Giordano Bruno who wrote (346018)10/19/2007 12:30:54 PM
From: Real Man  Read Replies (2) | Respond to of 436258
 
This is G7 thing, betting on them to make a statement about
the weak dollar and the weak Yen, leading to traders betting
on no cut and stronger dollar and Yen against the Euro,
but the dollar is not
even bouncing. Apparently important to forex, I'm not sure
why would G7 matter. The Fed will keep cutting. Nevertheless,
the Euro is correcting -g- I guess cause there are some
folks in Europe who don't like strong Euro and will yack about
it. Yacking does not buy anything, and the ECB only matters -g-