January Effect 2003 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 : January Effect 2003

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Londo who wrote (581)	6/20/2003 3:04:22 AM
From: RockyBalboa	Read Replies (1) of 666

Hm, I thought by now we should have seen the rate differential effect on the EUR prices. After the last EUR rate cut by 50bp (of whcih 25bp were not fully expected) the EUR even rallie and gave back nothing compared to the price before the announcement. After all the absolute rate differential remained at 1%. Now with the USD rate cut (possibly 50bp) the original 1.25% distance (which prevailed through spring) is restored. I don't follow the comments about the USD in the U.S. media (which neither presents the naked truth but often a coloured picture nor really bothers about the exterior value of the dollar which appears to be a non-issue for 90% of the Americans -"issues" are rather stock market prices or rates), but I see that J. Snow has not changed his tone since he began commenting on the currency. It remembers me a bit on a company's CEO who insists that everything is strong and sound and he knows of no reasons of a falling stock price except "the market" values his stock. Everybody else, however knows that the company is selling stock and having this in mind shies away and sells the stock too. ...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next