There is a tradition. Once they start talking about Euro-Dollar parity - to buy the EUROS and sell them half a year after. No leverage. Just pure pocket-cash management.
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lets start the action.
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Choo-choo!
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Want to reenter lower.
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Wow. 6 months prediction touched the target. I didn't reenter though..
And now fundamentals call for a stong EURO over USD, this process might continue for couple of years and an upside pothential is rather Huge. So, better to have at least 40% of your cash in euros here.