Posted in China, Euro, G7, U.S. dollar, tagged China, dollar, eur, Euro, G7, usd on October 22, 2007 | No Comments »
I’m going to make this real easy: forget the G7 meeting and brace yourselves, it’s all about what U.S. stocks started on Friday (well, days before that but things really heated up Friday).
But in case you’re still worried, here’s what happened over the weekend when financial officials for the G7 nations met:
China was put on [...]
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Posted in British pound, Carry trade, G7, Japanese yen, tagged pound, yen, carry, jpy, gbp, forex, Carry trade, G7, one of the worst carry you can be buying please avoid i on October 19, 2007 | No Comments »
I have to repeat: there are much better, profitable carry trades to be concerned with right now than this pair.
But, I see what 1/2 the net surfs in searching for, so feel obliged to give an update on the GBP/JPY. I swear I know the pair like an old girlfriend.
Be aware that it is pulling [...]
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