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]
Archives for October 2008
Every Breath Bernanke Takes
H/T to Riz din Have a good weekend! Enjoy!
Banking explained–In the layman’s term
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 […]
Commodity Pain
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. [photopress:RogersIntCommodity.jpg,full,1]
Carry pain
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! [photopress:DBV_carry_Trade.jpg,full,1]
“Chart view” of Australia
[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 😆 ) I had a look at monthly chart to have a view and feel how bad is the […]
