USD performance over the past 30 days
Monday, October 27th, 2008H/T to Kathy Lien Other than Chinese Yuan and Japanese Yen, almost all currencies are beaten by the rising Dollar. [photopress:ftusd.jpg,full,1]
Archive for October, 2008
H/T to Kathy Lien Other than Chinese Yuan and Japanese Yen, almost all currencies are beaten by the rising Dollar. [photopress:ftusd.jpg,full,1]
Banking explained–In the layman’s term
Tuesday, October 14th, 2008I received an email from a lady who is working in a bank. Pretty interesting explanation of current market condition though. If anyone has difficulty understanding the current world financial situation and shoring up the banks, the following may help.... Once upon a time in a village, a man announced to ...
Commodity Pain
Sunday, October 12th, 2008Here is another chart of a hell. Rogers International Commodity index shows a pretty clear picture of commodities markets at the moment. Bear in mind, crude oil weights 21% while Gold weights 3% in this index. [photopress:RogersIntCommodity.jpg,full,1]
Carry pain
Sunday, October 12th, 2008This chart is to show how carry trade strategy is being hurt badly this year. Price of PowerShares DB G10 Currency Harvest (DBV) has lost, roughly, around -25% (from 27-ish to 20-ish) This is likely going to be a shitty year for carry traders. Here is the....CHART! [photopress:DBV_carry_Trade.jpg,full,1]
“Chart view” of Australia
Thursday, October 9th, 2008[photopress:aussie_monthly.gif,full,1] We know Australian dollar is losing its ground recently. It is, in fact, the worst-performed currency in Asia Pacific for year 2008. (It reminds me, it used to be the top performer not long ago :lol: ) I had a look at monthly chart to have a view and feel how ...
