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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (24082)10/10/2002 8:55:11 PM
From: Moominoid  Read Replies (1) of 74559
 
I borrowed Sterling (from family, no interest :) supposedly to fund my move to the US, lack of employment for the last year till now etc.). I've been expecting Sterling to converge with the Euro for a long time. I am often surprised by its reslience. I wired some USD borrowed here (1.9% pa for six months) back to Australia today to reduce debt there. With retirement assets (bigger than these net assets) I'm even more Australia oriented. I also expected the Aussie to go up and it hasn't very much....
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