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Strategies & Market Trends : Currencies and the Global Capital Markets
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To: Henry Volquardsen who wrote (1949)7/14/1999 10:21:00 PM
From: Daniel Chisholm  Read Replies (1) of 3536
 
six days ago Henry wrote

... par will provide significant psychological support. A short term bounce would not be out of the order. But I wouldn't stay at the dance to long.

Today Yahoo! said

biz.yahoo.com

FX IN EUROPE-Euro/dollar adjourns
parity challenge

LONDON, July 14 (Reuters) - The euro on Wednesday
enjoyed a respite against the dollar, rising over a cent from
life lows, but was still seen at risk of hitting parity with the
U.S. unit.


So, anybody make money on Henry's call here? Perhaps if he charged for his advice, we'd all be more inclined to trade off it... ;-) Of course then he'd have all of us buying bonds, and we couldn't have that now could we?

- Daniel
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