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There are some who are expecting a significant strengthening of...

  1. sprogman
    343 Posts.
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    06/12/09
    06:58
    Post #: 6008579
    There are some who are expecting a significant strengthening of the USD against the Euro over the next 12 months.

    I work for a billionaire industrialist who has many non executive directorships in Europe and has very close banking friends.

    He is looking to speculate on a strengthening US dollar and has asked me to look at opening a position of up to USD 30 million. Friday's strengthening of the USD after positive jobs data is just a taste of what may be coming.

    BR
    Max
    AWC Price at posting: $1.59 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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