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<p>[QUOTE="lucyray, post: 1131292, member: 24565"]Am I the only one who saw this in the news today? The article of course contains more than I have pasted here, but does anyone care about this? Is this a "non-event" to everyone? Seems big to me. I just KNEW they manipulate (they...not sure exactly who "they" are). YIKES!!</p><p><br /></p><p>"..WASHINGTON (AP) -- The New York Federal Reserve Bank confirmed that it intervened in currency markets on Friday for the first time in more than a decade.</p><p><br /></p><p>The disclosure came a day after the Group of Seven major industrialized nations pledged in a statement to join in a coordinated effort to weaken the Japanese yen. The yen has surged in the last week to post-war record levels following the Japanese earthquake and tsunami..."</p><p><br /></p><p><br /></p><p><br /></p><p>This on the Drudge report this morning; by now, tonight, it's made it's way to the bottom of the listings, and probably will be gone by tomorrow.</p><p><br /></p><p>Sigh...</p><p>Lucy[/QUOTE]</p><p><br /></p>
[QUOTE="lucyray, post: 1131292, member: 24565"]Am I the only one who saw this in the news today? The article of course contains more than I have pasted here, but does anyone care about this? Is this a "non-event" to everyone? Seems big to me. I just KNEW they manipulate (they...not sure exactly who "they" are). YIKES!! "..WASHINGTON (AP) -- The New York Federal Reserve Bank confirmed that it intervened in currency markets on Friday for the first time in more than a decade. The disclosure came a day after the Group of Seven major industrialized nations pledged in a statement to join in a coordinated effort to weaken the Japanese yen. The yen has surged in the last week to post-war record levels following the Japanese earthquake and tsunami..." This on the Drudge report this morning; by now, tonight, it's made it's way to the bottom of the listings, and probably will be gone by tomorrow. Sigh... Lucy[/QUOTE]
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