1. Is there a danger that speculators will attack the Euro, especially during the transition phase? 2. Last week, convinced that the Hong Kong dollar was overvalued and could be brought down, speculators attacked the currency with a fury. 3. While speculators have successfully attacked other overvalued currencies in the region, they have failed thus far to break the peg. 4. Malaysian Prime Minister Mahathir Mohamad has said ASEAN nations have been discussing how they can work together to fight back speculators attacking their currencies. 5. Speculators then attacked other less-troubled Asian currencies, forcing them to depreciate as well. 6. The head of the Thai Bankers Association, Olarn Chaipravat, told the Bangkok Post Monday that speculators would probably attack the baht again soon. |