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Old 05-31-2007, 04:04 AM
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Join Date: Aug 2007
Posts: 63
Default Re: Current Market Sentiment

In this same time and after last week US failure to announce china as a
currency manipulating country, the greenback could found further rooms to
appreciate versus the yen supported by the clear gradual pace of
tightening in Japan which curbs the yen appreciation making it the first
carry trade currency currently as its interest rate outlook looks
relatively weak currently comparing with its EU and US counterparts not
just the current .5%.

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