The Euro Dollar and The Impact on International Currencies Message Board

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

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To: Tech Master who wrote (10)	10/7/1998 11:58:00 AM
From: Moneysmith	Read Replies (1) of 28

We are in a whole new ball game this morning. Biggest drop in $vs Yen since 1973 suddenly the US$ has gone from saviour to pariah which opens up a can of worms for international money pools. A flight from US treasuries and big cap stocks has not happened yet but one can't dismiss that possibility. Remember the Japanese have about $300 billion in US market assets. Gold anyone???

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