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To: RockyBalboa who wrote (15466)12/15/2000 8:21:11 PM
From: Sir Francis Drake  Read Replies (2) | Respond to of 16892
 
Hey, the $ is still strong against the Euro. Though, when it hit 0.82-0.83 some time ago, I thought it was the bottom, and a good currency play - at which point everyone on RB disagreed - they thought the Euro would go lower. I think the Euro will eventually get stronger against the $, especially if A.G. cuts interest rates. The U.S. economy is slowing, and the stock market is going haywire - which means a lot of European capital will be pulled out of here and repatriated. That means selling $ and buying Euros. Down goes the $, up goes Euro. I expect that sometime next year. But for now, $ is still pretty strong, which is good, as I'm flying to London soon :)

Morgan



To: RockyBalboa who wrote (15466)12/15/2000 8:23:25 PM
From: RockyBalboa  Read Replies (1) | Respond to of 16892
 
EUN/WS

Expiry 28.2.02
Ratio 1/57.50
Strike 0.8695
Spot 0.90
Price 3.94
ImpVol 10.60
FV 4.22
I 6.50
FI 4.50
Parity .9360
EG 12.1
Agio pa 3.3
@ .64
y .49