1. But you can be sure that whenever their run is over, speculators will take a plunge on something else. 2. Investors fled Brazil and speculators took aim at the real. 3. Since those funds must be paid back, Mexico risks digging itself further into the hole if speculators take another run at the currency. 4. The strong demand for silver has created an opportunity for speculators to take advantage of lean inventories. 5. The speculators then took aim at the currencies of Malaysia, Indonesia and Singapore, as well as the Philippines, the weakest of these economies. 6. Currency speculators take this to extremes, collectively seeking out prey which they foresee as wounded, and unable to fight in the event of an onslaught. 7. ECONOMIC strategist Dr Kenichi Ohmae says Malaysia should not over-react to developments on the currency market as this only allows speculators to take advantage of the situation. 8. Interbank rates eased slightly, a sign that speculators were taking profits and that large institutions were lending aggressively in Hong Kong. 9. It also created the impression that speculators have taken a break from attacking the peso, one trader said. 10. It also created the impression that speculators had taken a break from attacking the peso, one trader said. |