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Non-Tech : The Euro Dollar and The Impact on International Currencies

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To: Moneysmith who wrote (2)10/7/1998 3:31:00 AM
From: Tony  Read Replies (1) of 28
 
I think investors already know this and are buying DM and FF ...

Maybe. Currencies are extremely volitile and my opinion(based admitedly on very limited experience ) tends to be that they are moved mostly on short term activities. I've actually thought about buying puts on the DM, SF, FF and BP on a long term basis (looking at Jun 99s and later where available, may hold off until the 00s are on market) on the theory that demand for the national currencies will drop with the introduction of the EMU regardless of pegging. No idea on the US$.

-Tony
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