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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (66499)7/22/2005 7:31:55 AM
From: Joe S Pack  Read Replies (1) of 74559
 
It seems Singapore also has this secret formula of basket currencies. So it is an art and may be a tough chase for the speculators.
Only question I have is even with this .3% wiggle room what if they keep adding (or deducting) consecutively for N number of
days (for e.g., say 20 days) to get an appreciation of noticeable
difference? I doubt they will do that. But you never know.
Can that also be done by currency traders, aka, Wallstreet gang?

-J6P
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