Tag Archive: RUSSIAN RUBLE USDRUB

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Turkey Plays Chicken – It Has Just Started

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Yes. We rejoice with rate hikes from Turkey because we are not Turks with mortgages. The Turkish lira jumped 3.5% instantly but bondholders aren’t really cheering except maybe the USD bonds and some… Continue reading →

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Oh Ye Serpent, Thy Venom Doth Sting – CNY, MYR, PHP

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In the first 3 weeks of 2014 and the end of the lunar year of the Snake, over 80% of the 162 currency pairs in the world have lost out against the USD.… Continue reading →