More Color on Japanese Capital Flows and the Euro

More Color on Japanese Capital Flows and the Euro

The euro put in a low on May 29 a little above $1.15. That is nearly a 10.5 cent decline since the three-year high was set in mid-February. The thing that is difficult for investors and analysts to get their head around is that the speculators in the futures market, who as seen as proxies for…

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