And China makes another move to global reserve currency status, widening of the trading range of the CNY, a step in the right direction on market liberalisation despite IMF’s criticism of their “market… Continue reading
My longtime friend, the Hongkie Babe, manages a sizeable CNH and CNY portfolio for a large fund based in Hong Kong. I decided to ask her the other day what she thought of… Continue reading
Wrong footed Australia would have to wait for another day for the AUD dollar to show any sign of weakening. Longs are building in the AUD position and the last time the market… Continue reading
As we approach a new peak in the Citi AUD Pain index*, along with a nice top in the Economic Surprise Index**, markets are turning long in the AUD, led by the usual… Continue reading