Originally posted by 1C3339245D0 link=1275123545/9#9 date=1275231844
Agreed...
As an ex FX trader and someone who got pasted on a trip to Nigeria 18 months ago
But recently won on a trip to the US in early April...
sage words.
Go the currency cycle batch.
Though exporters and importers try to endure the cyclical nature of currency movements, anything over 10-15% has to be dealt with.
Current floor stock should be cheaper than next import shipments unless we see a sharp bounce in the dollar.



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