Comments on: Reserve currency.

By: Banks repaying loans. | fxmadness.com

Banks repaying loans. | fxmadness.com — Tue, 09 Jun 2009 17:41:20 +0000

[...] a little stronger, which is good, as well as Canadian Dollar, also a welcome development. Trade in CAD-CHF from yesterday worked out very well. Premise was to buy it at 0.9780, with a target of 0.9850. [...]

By: admin

admin — Tue, 09 Jun 2009 16:28:58 +0000

I’m happy with the 70 pips. It was intended to be a short term play and I keep it as such.

By: Bob

Bob — Tue, 09 Jun 2009 10:40:44 +0000

Your cad/chf long position arrived at destination. Nice trade. Surprised you didn’t go for more pips. I’m trying 0.9900.

By: admin

admin — Tue, 09 Jun 2009 04:20:08 +0000

Stan, should Yuan be floated it is likely to appreciate rapidly, much too fast for comfort to Chinese officials.

By: Stan

Stan — Tue, 09 Jun 2009 03:30:23 +0000

Interesting about the Yuan. Why do you think the Chinese are unwilling to float it?

By: Alex

Alex — Tue, 09 Jun 2009 03:27:49 +0000

Not very upbeat on Russia, are you?

By: admin

admin — Mon, 08 Jun 2009 18:50:35 +0000

They do a lot of talk on the subject. Instead of posturing and making silly statements, why not simply adopt the gold standard and show everybody how it’s done. They would drop it in 2-3 years.

By: Renata

Renata — Mon, 08 Jun 2009 18:28:24 +0000

Don’t have much faith in Russian fiscal responsibility? Perhaps going on the gold standard would make them be more money wise?

By: Reserve currency.

Reserve currency. — Mon, 08 Jun 2009 17:21:12 +0000

[...] Original post by fxmadness.com [...]