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No respite for European mid-price market suppliers

21/10/2003

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The past two weeks (October 6-20) yielded more positive news than we were used to.  The fall in the dollar was halted, at least temporarily, and there was a bit more volatility in currency prices than we had become accustomed to.  US forecasts were generally positive as economists raised their outlook for GNP in the third quarter to 6 %, the best since 1999.

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