Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Amots who wrote (19693)	2/15/1999 4:55:00 PM
From: Defrocked	Read Replies (1) \| Respond to of 86076

I don't think so, Amots; the denominator is unitary. (Unless you want to trade then I'll agree with you.<g>) 1.0 Euro = 1.123 US dollars or 1.123$/E 1.0 US dollar = .89 Euros or 0.89E/$ The dollar strengthens when the exchange rate declines. For instance, the Euro has declined(weakened) from approximately 1.17$/E to today's rate of 1.123 $/E as the dollar strengthened. At the same time, the DEM weakened against the dollar from 1.65DM/$ to 1.74DM/$. The convention used for pricing the Euro is similar to the $/BP. Its easy to get these things turned around. When I was travelling a few weeks ago I noticed CNBC got it turned around.<g>