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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (32117)4/22/2003 9:22:27 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi Jay, tap to the music of the song "what the world needs now ..." and whisper "Yuan devaluation";0)

The USD can follow, lead or hold still ... all lead to bad outcomes, except for the one, only true money, that rules over all cash.

Have a GUDD day, Maurice, but do not get nervous, as I am seemingly backing away even further from you than I already am, as if ... well, as if you have a suspicious cough;0)

Chugs, Jay



To: TobagoJack who wrote (32117)4/22/2003 9:31:08 PM
From: elmatador  Respond to of 74559
 
A "diluted" USD devaluation with the appreciation of a basket of currencies, which I though would be good for the world economy appears to be happening.

Message 18395768

USD Euro
USD Yen
USD UK Pound
USD Sing$
USD Aussie dollar
USD Canadian loonie kept the same as today.



To: TobagoJack who wrote (32117)4/23/2003 4:32:11 AM
From: Raymond Duray  Read Replies (1) | Respond to of 74559
 
Hi Jay,

This 'pips' thing isn't very clear to me. What do these fluctuations amount to in percentages? My sense is Mr. Ogden may be making a mountain of a molehill, or an article out of a very thin storyline.

**********
Re: But the rising premium on Hong Kong dollar forwards could be quickly unwound if there were signs that the disease was being brought under control, he said.

And more likely if these speculators start a rumor of same. <gg>