ade- weighted indices over the last ten years. George Sal avelos, London, +44(20) 754 79178 Bile! Hafeoz. London. +44(20) 754 71498 Page 4 - 0.1 IEURIUSD Still Tracking Rate Differentials .... EUR/USD Ohs) -Implied 2yr E R/USD yields (rhs) 1.4 1.38 1.36 1.34 1.32 1.3 1.28 1.26 1.24 1.22 1.