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Re: The Euro at $1.55 Posted on: Wed, 12 Mar 2008 13:21:43 -0700



Alfred Molon wrote:
> and oil at $107. According to forecasts the Euro might climb to $1.60.
> China apparently has started reducing its dollar reserves.

I think you have it backward - the problem is not that the euro is
"climbing", but that the dollar is SHRINKING!