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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: yard_man who wrote (175822)6/27/2002 11:41:17 AM
From: Haim R. Branisteanu  Read Replies (2) of 436258
 
All the small hedge funds are long the EUR. All momentum players are running long EUR short USD.

The US will benefit big time from those developments as manufacturing will pick up steam. Keep in mind that most US products from Deere to Cat to Aluminim products and High tech items are around 10% cheaper and this is meaningful. ....... even BA is getting back some business.

Further due to the security reason and exchange rates less will wander into Europe and vacation more in the US which will also give a needed boost to the hospitality industry that is why AMR, DAL etc. are hitting new lows

No wonder Japan is fighting the rise in the Yen.
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