Quote:
Originally posted by Rudey
--Alphagam-alum were you making the currency sales decisions as a trader?
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My sales decisions were based, not as a trader, but on need in the accounts I maintained. If I would foresee a need for funds in the very near future I would monitor currency values and decide the best time to buy. The company held interests in Canada and Europe. I primarily dealt with CDN$, Pounds, French and Belgian Francs, Lira, Marks.
We maintained most of our foreign funds in the form of Pounds, if the rate was good between US$ and Pounds, I woud increase our holdings. As the need for other funds would arise, I would sell our Pounds for whatever other currency I was needing.
-wendi
and edited to add--- while in grad school and while working in finance --my finance dream job would have been futures trading in the commodities market.
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