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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: smolejv@gmx.net who wrote (185924)8/6/2002 8:26:52 AM
From: Haim R. Branisteanu  Read Replies (1) of 436258
 
To tell you the truth I do not know, The EUR had no business to be above 0.98 in the first place IMHO even with the growing trade deficit.

The problem is that now that most hedge funds have moved from equities to currencies and the whole issue is a mess. The big banks make a fortune out of the volatility.

The story of yesterday is passe trade deficit does not count and "growth" now counts.

Now I am down on my core holdings of EUR's and was wipsawed by the volatility

Since June the monkeys are running the show and the USD index may see 110

I was surprised by the US economic weakness and I think stagflation in the US is around the corner
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News