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

To: Paxb2u who wrote (76038)	7/17/2011 1:54:48 PM
From: elmatador	1 Recommendation Read Replies (1) \| Respond to of 218913

Euro don't want to miss "accelerating trend over the past few years of seeking to diversify foreign-currency reserves. Buying yen and euro instead is the only choice with the dollar’s reserve status being undermined. We’re reluctant to buy dollar assets at the moment.” bloomberg.com That is why Core Euro countries want to keep European laggards alive. Else they would drop from Euro and the Euro status as reserve currency would be undermined.