Currency speculation

Cubswin · #1 06-01-2005, 09:57 PM

I know absolutely nothing about it but i do know current events and politics and to me it seemed so obvious that the Euro would take a hit when (it was never a matter of 'if') the French and Dutch rejected the EU constitution. As a yank with a stash of US dollars, and knowing the value of the Euro would fall... how would one go about capitalizing on this? I am completely green in the currency market but i imagine there had to be a way to turn a nice profit on this.

cubs

ewile · #2 06-01-2005, 10:11 PM

go to the FOREX section of www.elitetrader.com and ask your question.

GeorgeF · #3 06-01-2005, 10:15 PM

I personally think that rejceting the EU constitution is a plus for the euro. Centralized constitutional government, like the USA, is an anachronism.

Cubswin · #4 06-01-2005, 10:30 PM

Centralized? huh?

Please tell me you werent educated in the US [img]/images/graemlins/tongue.gif[/img] The US government is a federal system and highly decentralized...

cubs