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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Bosco who wrote (7757)	12/27/1998 8:21:00 PM
From: Jon K.	Read Replies (2) \| Respond to of 9980

* Currency Exchange Rate * Bosco, Steven, Zeev and Ramsey, Thank you all for commenting on a dummy's wild opinion. <g> Bosco, what I meant by "wind" is economic growth rate of each continent. US had a strong economic growth in the '40's to late '60s and Asia had incredible economic growth from late '60 to late 90's. >>I certainly admire your putting the $ where the mouth is <g>.<< <Big G, too> (Can you recommend any good currency future brokerage firm?) For the record I will post current exchange ratio. Let's compare them in 3 months, 6 months, 1 year and 2 years later. Numbers usually do not lie.... Dec. 27, 1998 Exchange Rate: US $1.00 = 1.682 D.Mark, = 0.598 B.Pound, = 0.854 ECU (not euro yet) (=116 Yen, just for reference) 1.00 British Pound = 2.813 D. Mark, = 1.429 ECU. (Note: US dollar has already lost some of its strength in past month. Most of you think the dollar will gain its strength back while I am predicting Pound and Dollar will lose more of their power while Euro will gain strength)