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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: yard_man who wrote (243981)6/4/2003 7:55:14 PM
From: Haim R. Branisteanu  Read Replies (2) of 436258
 
tipet the point is that there were no real economic news that could justify the swings ...... that was my point!!!

Yes I know the issue of buyers and sellers and perception.

If FX will start to act as the stock market the then we are in trouble. Commerce can not be conducted by watching the currency markets.

Just think what if every importer or exporter need to concentrate on FX fluctuation and neglect his business .... ..... so it does not matter if he sells or buys at a great price as FX fluctuation will erode any competitive edge .... this is unproductive allocation of efforts and money
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