Currencies and the Global Capital Markets Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Currencies and the Global Capital Markets

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Henry Volquardsen who wrote (2257)	11/16/1999 9:47:00 AM
From: Paul Berliner	Read Replies (1) of 3536

I think that the problem this year in currency trading circles is that for the major pairs, there is no visible intermediate-term trend to confidently trade on. There's just a lot of congestion. While London traders are probably as active as ever, the hedge funds and institutions that speculated last year are currently sitting on the sidelines, patiently waiting for a clearer intermediate-term view. Everyone is saying that the Dollar will depreciate in 2000, but I don;t see too many market-moving bets against it being placed.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next