Description:Â Uncertainty over a fresh round of U.S. monetary easing weighed on the dollar on Friday, prompting investors in the options market to hedge against any volatility arising from the Federal Reserve decision.
Source:Â Reuters.com
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Date: 10/29/2010
Link: http://www.reuters.com/article/idUSTRE69D46V20101029
Questions for discussion:Â
- What are the reasons reported for recent movements in these currencies?
- How should financial managers react to this activity?
- How should investors react to this activity?
- Where do you believe these currencies will be in six to twelve months time?
- Why do you believe this will happen?
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