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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Giordano Bruno who wrote (7143)	5/11/2008 5:04:11 AM
From: RockyBalboa	Respond to of 71456

Amazing. At this time I must thank the ECB that they kept the rates steady and tightened interbank money. That kept the EUR up, the money in the zone and somewhat contained the inflation (or didn´t import additional inflationary presssures). You see, the only achievement of the first UK rate cuts is demanding just more cuts. It is like losing 2 battles in that housing must correct anyway and then also the lower pound will ultimately push up inflation. Back when you asked, will the UK cut, and the pound turned weaker this article was posted: Message 24077692 Since then nothing changed, except 2 cuts and the Oil not at 100 but at 125.