H/T to Kathy Lien
Other than Chinese Yuan and Japanese Yen, almost all currencies are beaten by the rising Dollar.
From the desk of Tradergav.com
H/T to Kathy Lien
Other than Chinese Yuan and Japanese Yen, almost all currencies are beaten by the rising Dollar.
From the desk of Tradergav.com
H/T to Riz din
Have a good weekend! Enjoy!
From the desk of Tradergav.com
I 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 the villagers that he would [...]
Here 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.
From the desk of Tradergav.com
This 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!
From the desk of Tradergav.com