Archive for November, 2007

Reversal of Fortunes II

November 7, 2007

I wanted to do a quick tutorial on FX spread but was floored by the huge disparity between the SGD/USD & SGD/CAD pairs.

1 CAD fetches S$1.5838 compared to 1 USD fetching only S$1.438. It seems only yesterday that 1 CAD was reaching parity with its bigger USD cousin. Now, it is fired up on all four [...]