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		Home Page We're about Mortgage News You Can Use     U.S. made clear it has strong dollar policy-Aldonas Tuesday January 27, 6:00 am ET (Updates with further quotes, paragraphs 5-7) PARIS, Jan 27 (Reuters) - U.S. Undersecretary for Trade Grant Aldonas said on Tuesday the United States had no political strategy on currency matters and that Washington had made it clear the United States had a strong dollar policy. Only President George W. Bush and Treasury Secretary John Snow spoke on the dollar, he said during a conference on the euro at the French Senate. "They made it very clear that it's strong dollar policy in the United States," he said. Aldonas said he expected the February 6-7 meeting of finance ministers from the Group of Seven economic powers to focus on the economy, adding: "What we need to see in Europe is stronger growth." "The dialogue here has to be about how we both (the United States and Europe) grow faster, how we both become more flexible so that we can adjust to the Chinas of the world and the Indias of the world as they come on stream," he said. He said the United States was also aware of the need to ensure its economy, the world's largest, did not create imbalances. "There is a recognition in the United States that we have to grapple with our economic problems to the extent they drive the imbalances in the world economy and that's why the president has said we have to cut our budget deficit."   Back to Original Article: Mortgage News You Can Use   Continue with: Greenspan: Trade Protectionism May Hurt Intl Prosperity Fed expected to keep promising `considerable period' of low interest rates Consumer Confidence Index in U.S. Jumps to 96.8, Highest Since July 2002 Gold Coins MBA Releases Long-Term Forecast for U.S. Economy and Housing Finance Market CBO Says '04 Deficit Will Rise to $477 Billion The Jobless Recovery A Cheap Dollar Boom Consumer Confidence Rises in January
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