How would I see a "currency gain" reflected in the stock price of an ADR?
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This entry was posted on Thursday, April 24th, 2008 at 2:13 am and is filed under Currency Trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
April 24th, 2008 at 2:13 am
hey.. re-phrase your question mate :).
April 24th, 2008 at 2:13 am
if you buy an ADR and the currency soars vs the USD it's built into the price of the ADR (it will appreciate more). When the currency goes up or down vs the dollar it will effect the ADR price