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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (10343)3/17/2004 3:30:55 PM
From: Knighty Tin  Read Replies (1) | Respond to of 110194
 
Mish, A rising currency is certainly bullish for an ETF (or closed end fund, but less so due to discounts) quoted in Clownbucks. The stock prices x the conversion rate will produce a higher index price if the conversion rate is better and the stocks are flat to up.



To: mishedlo who wrote (10343)3/17/2004 3:59:09 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 110194
 
in recent months the Nikkei and the yen have usually moved in opposite directions. A higher yen is seen as a big problem for Japan exporters. Why do you think the BOJ has tried so hard to depress the yen?


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