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


To: William H Huebl who wrote (35960)1/3/1999 1:14:00 PM
From: jjs_ynot  Read Replies (2) | Respond to of 94695
 
>>> no matter how well we contrive the future, the Murphy laws
seem always to get in our way <<<

You are absolutely right. Unforseen news events can completely change a market dynamic. Imagine if you were short when Greeny announced the interest rate cut.



To: William H Huebl who wrote (35960)1/3/1999 2:27:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Euro debuts at U.S. $1.1747, dealers say

Copyright © 1999 Nando Media
Copyright © 1999 Reuters News Service

SYDNEY, Australia (January 3, 1999 1:40 p.m. EST nandotimes.com) - The euro made its international trading debut Monday, changing hands at $1.1747 in U.S.dollars at the start of official trading, Sydney dealers said. Australia became the world's first market to deal in Europe's new currency.

Other opening trades were reported at 0.7080 sterling, 1.6110 Swiss francs, and 1.9190 Australian dollars.