haveanniceday,
First of all I'm laughing because your observation is essentially a privileged glimpse of the bleeding obvious insofar as you state "the Euro is going down because the dollar is going up". You do realize that any currency quote is by definition a complementary relationship expressed as a USD/EUR and therefore the USD/EUR will always be a relationship where one goes up or down with the other doing the exact opposite when expressed in terms of the other, i.e., the relationship is always inverse. What would be a more meaningful observation is why the dollar has strengthened against the Euro and that is a topic for another forum. Suffice it to say that before I engage in what to do now, let me state that any such debate is not unlike arguing about what to feed a unicorn insofar as I do not believe there is any deal where the counterparty is not some Lumb Corporation Prop job construct , if any. Sorry.
But let’s just say for the sake of argument that there is a deal. The notion that any such deal is predicated on or somehow dependent on the notion that whether it is in fact finalized has anything to do with the vicissitudes of the currency exchange rates of the Euro vis-à-vis the USD which are fundamentally subject to fluctuations on a fairly unpredictable and random basis is laughable at the outset. No deal that I have ever made or have heard of would incorporate such a wild card condition, lest it be considered an unenforceable contract under US Law.
So, it not so many words, I don’t think there is anything to do as I don’t see anywhere in the 8K that any deal could be jeopardized by unforeseen currency fluctuations. That myth seems to be a construct borne of the knitting circle that is the FFGO forum.
