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To: Box-By-The-Riviera™ who wrote (241237)5/19/2003 4:35:36 AM
From: zonder  Read Replies (1) | Respond to of 436258
 
And now... A hilarious flashback to when EUR/USD was 1.067:

EUR was around 0.98/0.99 in November as of now it is 1.067 to the USD. EZ will choke under their own stifling labor laws, deficits are there higher than in the US and the balance of trade is shrinking. All this said the EUR is prone to a correction after a 7%+ run.

IMHO the fast slide of the USD is intentional, done by hostile entities to damage the US credibility and economy


Message 18458465

Ho ho ho! -g-



To: Box-By-The-Riviera™ who wrote (241237)5/19/2003 8:28:22 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 436258
 
Yes, holding them from an average of 0.85 - 0.86 but I am hedged and did not enjoy the rally above 1.13.

My gain on them is something close to 6 figures if adding the option gains.

Today we may have a key reversal in the EUR