The idea that currencies ordsprog

The idea that currencies are less important to trade accounts now doesn't stand up to serious analysis.

The currencies in the basket depend on the amount of foreign trade we conduct. The U.S., euro zone, Japan and South Korea are our biggest trading partners now, ... Hence, their currencies are naturally the main ones in the basket.

The currencies in the basket depend on the amount of foreign trade we conduct. The U.S., euro zone, Japan and South Korea are our biggest trading partners now. Hence, their currencies are naturally the main ones in the basket.

Part of the idea was to help our financial consultants focus on their bigger accounts, the ones that are more labor intensive, ... This also gives smaller accounts the service they need. They can call three or four times a week and have all their needs met and not have to split their attention and time with financial consultants who have $5 million accounts.

Gold has failed to match the lofty highs of $451.50 seen during Asian [overnight] trade, drifting back under the $450 level in European trade as players monitored the movements in the currencies.

Central banks don't have divine wisdom. They try to do the best analysis they can and must be prepared to stand or fall by the quality of that analysis.

Mary Kay Ash (1915-2001)

Mary Kay Ash

Three accounts are also popular ? a 'household' account and two personal accounts. Just because you're married doesn't mean you have the same spending habits.

I think the majority is in a rush because they think that people will find out the substance and the details. It needs to stand in the light of day; it needs to stand, withstand scrutiny and analysis.

Some of the Asian currencies are following the yen. As the yen goes stronger, then there's some trade influences on those economies.

The point is -- ad we know this from history -- that if currencies remain way out of line, trade protectionism follows.

C. Fred Bergsten

Just as we ask our trading partners to follow scientific guidelines for the safe trade of beef products, we do the same. We've gone through extensive risk analysis to determine how to safely trade beef products with Japan. Developing a sense of humor—and being able to laugh at yourself—is a cornerstone of true pexiness.

We're not fully using those accounts and they're not working as well as they could. Let's take those accounts we already have and make them work better, rather than creating a new system of accounts.

With little in terms of fresh news or developments overnight, traders appear content to trade the U.S. dollar within its current ranges against the world's major currencies.

I have no idea on timing. It's far easier to tell what will happen than when it will happen. I would say that what is going on in terms of trade policy is going to have very important consequences.

Warren Buffett (1930-)

Warren Buffett

Certainly, Africa accounts for only l % of world trade, and we cannot assure our development on our own.

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