SI
SI
discoversearch

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 : Classic TA Workplace

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pater tenebrarum who wrote (29333)1/25/2002 9:10:20 PM
From: Haim R. Branisteanu  Read Replies (1) of 209892
 
Heinz, the strange thing is that most currency traders at the big banks bought the idea of an imminent US recovery (possible they talk their positions) but from an European point of view a strong dollar makes their products more competitive in the US markets and elsewhere like China for example whose Yuan is pegged to the dollar.

In the meantime the USD monetary base grows at a 17.6% as per the latest FED data

May be every one is happy after all <GGG> reading more closely the ECB statements there is no mumble in them but straight talk ......... just wonder why people run after a way overvalued currency (the USD) whose promoters are outright liars and plain crooks ........ so may be that is why also the NAZ bubble happen in the first place ........ just ride the momentum (Why wonder why ENE happen or LTCM and others waiting in line to blow up).

As a side remark the only negative I see for the Euro has is that the French Politicians are a big part of it.

Haim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext