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Strategies & Market Trends : ADVFN (AFN.L) - Advanced Financial Networks

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To: Hoatzin who wrote (91)4/18/2007 9:43:48 AM
From: SI Bob  Read Replies (1) of 139
 
Silver lining for me is that as long as this thing basically trades sideways (I'm not counting today as an up day because the bid is still at the low) the strength of the GBP versus the USD is having a noticeable impact on the value of my holdings here.

I don't know much about Forex, though. But I've been around long enough to know that historically a weak dollar has had benefits such as foreign cars getting comparatively expensive, benefitting the US makers. Don't know if that's true anymore with most of the big foreign makers being domestic now.
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