Monthly Archives: May 2012

Currency wars

If you ever wondered why currencies appreciate or depreciate as they do then the natural assumption is that if one country’s economy is strong then its currency will appreciate relative to the next country’s currency. That’s all very well in … Continue reading

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Aussie dollars, Fozzie Dollars and how I will never forgive or forget

A friend asked me a question today about whether this might be a good time to move money back from Ozzie dollars to Euros or whether they should be buying a house in Oz or in Ireland at the moment. … Continue reading

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Greece Lightning

They say that lightening does not strike twice, not so the case with Greece I’m afraid. This is the second time that Greece a relatively small contributor to the Eurozone area has created an overwhelming sense of unease amongst investors. … Continue reading

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The PBOC cuts the RRR….Ok, so what does that mean?

The people’s bank of China (PBOC) is the central bank of China. Over the weekend they have cut their Reserve Requirement Ratio or in short the RRR by 50 basis points or 0.5%. That’s all well and good but what … Continue reading

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A Greek tragedy – Should they stay or should they go?

All the best traders are considered to be so as they generally cut their losses quickly and let their winners run longer. Sadly this does not describe my own style but also not that of the Eurozone but both for … Continue reading

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