Convergence time

In a sharp turnaround in the sentiment displayed through much of 2000, fund managers are starting to see the potential upside for the euro against both the dollar and yen in coming months.

Many are already positioning themselves accordingly. With the euro rebounding strongly from its low of $0.8228 set on 28 October, many are going with the old adage of "the trend is your friend".

Data released by the Chicago International Money Market Exchange (IMM) on 29 December showed the highest level of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here