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I'm now in the bearish camp again but too late to vote. I did say earlier that I thought the Euro could see 1.15 again but what has been a reliable medium term indicator over the past year and a half is now very close to saying sell $.
It might have a last thrust left in it but I'd watch out for the PPI today. It could knock the $ for six. Also Bush wants it down and might just have had a word with the Japanese.
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