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Sun, May 27, 2001 - Page 10 News List

Greenback rises on growth hopes

CURRENCY Traders feel that ongoing interest rate cuts by the US Federal Reserve board could eventually spur growth

BLOOMBERG , NEW YORK

"As much as European central bankers would like a stronger euro, the fundamentals just don't point in that direction," said Lee Kassler, chief trader at Israel Discount Bank. ``Once again, everyone has intervention in the back of their minds.''

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