Budgets are calculated off the currency value. Theoretically…the budget has to come forward right after the rate changes. But rate would have to change in what is called a budget period…The rate has to change in approximate budget period…Very solid confirmation that the rate could be changing in June…It’s not 100%. No body knows when the rate change is, month or date…We have enough solid data to know…the budget is going to come forward to be implemented in the second half [of the year], which would be July on. That means the rate would most likely need to change in June…I needed more data. We now have it to really pin down the approximate period in which the rate could be changing. This data strongly suggests June. :Jeff
