Thursday, January 13, 2005

Peso at five-month high on good economic data

Leave the market alone, it will correct itself!
The currency market is the purest market of all. It is all transaction and no goods. History of Money by J. Weatherford. [p.256]

Exchange rates links a country and the rest of the world, both in goods/services and financial/capital markets. The Marketing of Nations [p.265]

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