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Strategies & Market Trends : Classic TA Workplace
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To: Haim R. Branisteanu who wrote (80289)8/30/2003 9:35:28 PM
From: Joan Osland Graffius  Read Replies (1) of 209892
 
Haim,

Thank you for your thoughts on the currencies. Sounds like you think the UDX fair value in the future is at the low end or a little lower than the recent trading range it established in June.

I have been collecting government debt of Australia, New Zealand and Canada both directly and through funds. I own FCO that carries some UK debt in the fund. These currencies have been drifting south recently. It will be interesting if they gain some strength if the UDX starts to give up some of its recent gains.
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