Thought provoking as usual All4One. I'm a director of a small public company that needs to buy about US$50,000/month, so I'm contupinualky trying to guess ahead the exchange rate. For the last several months we've been contracting forward as much as we can afford, averaging above parity, because it seems that Bernanke is trying to keep the USD down. But our dilemma is whether our dollar will stay high under present and likely future governance in our country, especially now that the only competent Ministers hve left the sinking ship.
BDR Price at posting:
91.5¢ Sentiment: LT Buy Disclosure: Held
