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Currency Speculations
August 19, 2008
Tue, Aug 19 2008, 14:15 GMT
by Mihai Nichisoiu
Early last month I assumed the Euro was at the time in a good position to resume its impulsive appreciation against the British pound. That judgment may have been a bit premature - but I still think big-picture fundamentals continue to support the scenario of sterling further losing ground versus the Euro (as well as the US dollar).
Under certain circumstances I will have no hesitation to place heavy bets against the pound via the EUR/GBP - doing so actually for the 4th time since November 12 last year.
Published on Tue, Aug 19 2008, 14:15 GMT
Archive
- August 19, 2008
Published On Tue, Aug 19 2008, 14:15 GMT - August 14, 2008
Published On Thu, Aug 14 2008, 13:53 GMT - August 8, 2008
Published On Fri, Aug 8 2008, 14:06 GMT - August 7, 2008
Published On Thu, Aug 7 2008, 14:20 GMT - August 5, 2008
Published On Tue, Aug 5 2008, 13:54 GMT
Mihai Nichisoiu
| Bucharest, Romania
http://www.mihainichisoiu.com | mihainichisoiu@gmail.com
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