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To: goldsnow who wrote (25841)	1/10/1999 8:35:00 PM
From: Zardoz	Read Replies (1) \| Respond to of 116786

Yes it is, it's actually much higher then 150. And when the economics start to reflect the market place, you'll see it climb in jumps. Sure USA can keep it there for months more. But one day the YEN will fall to pieces. You don't really think the pain in Japan/Asia is over yet do you? Heck, 3 more years at least.

To: goldsnow who wrote (25841)	1/11/1999 3:53:00 AM
From: PaulM	Read Replies (2) \| Respond to of 116786

Goldsnow, I think an even better idea of the dollar trend is seen in bond markets. From my perspective the thing to notice is that Japanese and American bonds are now off their highs, while Eurobond yields remain near record lows... bloomberg.com The dollar's recent losses against the yen and one half of one percent gain against the Euro has to be viewed in terms rising U.S. and falling European rates. Given that context, the dollar is weak, though only slightly compared to what we'll see before the end of this year. Inflationary expectations are clearly increasing in the U.S. The biggest loser in this will be Japan which has built its economy around exporting to the U.S. and is stuck as the world's biggest dollar holder. I agree that the rest of Asia looks good longer term.