Archive for May, 2009

FX – 2 months later

May 31, 2009

I made buy recommendations on 3 currencies; AUD, NZD & RMB 2 months ago. Let’s see how the results compare against the recommendations:-

Source: www.oanda.com

 
 
As you can see, AUD & NZD continue to strengthen against the SGD, mainly driven by rising commodity prices. RMB maintains its weakening stance against many major currencies as China strives to [...]

Complan

May 11, 2009

I could not resist snapping a picture of this snack found in a local grocery store.

Taking the less well-trodden path

May 1, 2009

I recently chanced upon this blog which personifies the journey of one young gentlemen who was born Malaysian, raised in the UK, worked in the U.S. and who finally chose to live and work in Japan.
What I like about this blog besides the eye-catching bright orange colours and the lovely figurines with huge *eyes* is [...]

Big Money

May 1, 2009

It has been a month since I posted my views on how regional currencies would behave. Now for the moment of truth … 
 

 

 
 
 

 

 
 
 Source: www.oanda.com
Amongst the 3 currencies, only the prediction that AUD would strengthen against SGD has come true. AUD is now 4% stronger relative to SGD from a month ago.
As for CNY & NZD, [...]