A friend of a friend’s wanted to set up a branch of their HFT (high frequency trading) firm in Singapore a year back. Afterall, Singapore is the king of Asian foreign exchange and… Continue reading
Just some thoughts post RBNZ hike last week. Chart below compares the movements in the spread of the Central Bank official rates between NZD and AUD and the movements in the AUDNZD rate.… Continue reading
It makes me feel important when I spend time in the company of market legends because their aura rubs a little off onto little old me and I feel taller sometimes, which had… Continue reading
China is wasting no time searching for a missing planeload of Chinese nationals and widening their currency band all at once, right before the Crimean vote today. March 15 (Bloomberg) — China will… Continue reading
There is strength in weakness and the EUR is soaring against the USD even as and the DAX is crashing in a pretty double dome formation. Even as Soros proclaims 25 years of… Continue reading
Jaggi’s at Race Course Road – home cooked Indian dishes in a canteen setting. I am a chicken makhani fan and as I pondered the butter chicken, chicken malai tikka, aloo gobi and… Continue reading
Actually, it’s been IDR for 2014 after Gold and Silver, of course. There’s a flock of black swans coming at us now and luckily, the positioning is at the lightest. CHF hit a… Continue reading
Passover, Full Moon Eclipse and Nose Bleeding Markets – EURUSD
byThe Jewish Pesach (Passover) started yesterday along with the full moon (eclipse) and Janet Yellen gave us nosebleed by not mentioning anything about monetary policy in her speech, leaving the market LOST and… Continue reading →