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Re: The Euro at $1.55 Posted on: Thu, 13 Mar 2008 01:18:24 +0100

Alfred Molon writes:

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

Given that the U.S. is doing all the wrong things to address the problem, this
is not surprising. China surely wants to minimize its risk.