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To: robnhood who wrote (52605)12/31/2000 5:17:08 PM
From: Bid Buster  Respond to of 436258
 
and bought the euro... currency futures...



To: robnhood who wrote (52605)12/31/2000 5:26:32 PM
From: Box-By-The-Riviera™  Respond to of 436258
 
i don't know. heinz or someone here certainly knows the mechanics of currency trading I would bet. I'm afraid I can't answer your question.

regards

J



To: robnhood who wrote (52605)1/1/2001 4:40:42 PM
From: LLCF  Respond to of 436258
 
You buy options/futures on the Euro vs dollar. Philly, or others.

dAK



To: robnhood who wrote (52605)1/1/2001 11:51:16 PM
From: Oblomov  Respond to of 436258
 
Three ways:

1) spot market: If in the US, buy euros or some other currency. Since you are in Canada, you would simply sell USD to buy CAD.

2) futures market: Short the Dollar Index futures or sell the call options/buy puts.

3) other instruments: buy shares in non-US firms using USD, buy EUN/WS (trades on AMEX) using USD, precious metals- physical or miner shares


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