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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Harvey Allen who wrote (67619)11/28/2003 8:03:47 AM
From: Harvey Allen  Read Replies (1) | Respond to of 94695
 
Currency observers pooh-poohed a report in the U.K. Independent Friday that attributed the most recent round of dollar weakness to speculation that U.S. billionaire investors Warren Buffett and George Soros are short the dollar, that is that they are betting the dollar will decline.

"You'd expect them to be short because everyone else is. We'd be surprised if they weren't," said Paul Bednarczyk, currencies strategist at 4Cast, a London consultancy.

marketwatch.com



To: Harvey Allen who wrote (67619)12/1/2003 11:48:22 AM
From: Real Man  Respond to of 94695
 
USDX dipped into high 80-s for a moment, but ran back fast. I guess
someone does not want it there? -g-