US Strong Dollar policy in the interest of the US

Trichet repeats his comments that were the ineffectual the other day and will be so today. He has cut growth and raised inflation forecast for this and next year. This should see eur-usd higher. His comments two days ago ``In the present circumstances, I consider very important what has been affirmed and reaffirmed by the U.S. authorities, including the secretary of the Treasury and the president of theUnited States of A merica, according to whom a strong-dollar policy is in the interests of the United States,'' Trichet told reporters at a meeting of euro-area finance ministers in Brussels a couple of days ago. It would seem to us he is not that unhappy with the move higher in the euro.