Made in China Is Not Bad – USDCNY
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
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
Ok. It looks like Japan is not working out and today’s numbers prove it, setting a new record for her worst current account deficit and lowest GDP number since Abe came into office.… Continue reading
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
Asking me to write an EM piece for 2014 is like asking Justin Bieber to do opera. It struck me that it is perhaps just what the market needs – a different perspective.… Continue reading
USD strength or USD weakness ? The USD fell against 18 of 21 major currencies since last Friday and the release of a better than expected non farm payrolls number. High beta currencies… Continue reading
Humour me as I try and piece this all together. China started this currency war game in 1995 when they pegged their currency to the USD. That lasted for 10 years. During that… Continue reading
“It’s no longer in China’s favor to accumulate foreign-exchange reserves,” Yi Gang, a deputy governor at the central bank, said in a speech organized by China Economists 50 Forum at Tsinghua University yesterday.”… Continue reading
Indian Rupee down 1.98% today but I believe the typhoon was in Philippines. Indonesia bucked trend with their surprise rate hike. Thailand considerably unfazed by their Amnesty bill. For the month of November,… Continue reading
For all the similarities between Singapore and Hong Kong, their monetary and foreign exchange policies cannot be less than a universe or two apart. The first thing anyone who is forcibly posted back… Continue reading
One big slap for that ego when you find out that financial literacy does not work ! According to this paper mentioned in a Motley Fool post, Why You Are So Bad With… Continue reading