Posted in FX on May 31, 2009 | 1 Comment »
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 [...]
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Posted in Idle Talk on May 11, 2009 | Leave a Comment »
I could not resist snapping a picture of this snack found in a local grocery store.
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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 [...]
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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, [...]
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