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Yen update.

August 30th, 2009 at 9:41 pm » Comments (3)

So, there it was. Unusual opening. Some platforms had no problems, while others experienced all kinds of difficulties. Wide spreads, slips and gaps. For the first time in some time gaps of some size appeared. Market seemed to like the news of government change, because Yen became stronger. I decided to play the gap, having [...]



Follow up.

August 30th, 2009 at 9:39 am » Comments (3)

Big day in Japan today- election. Ruling party, Liberal Democrats, have been traditionally conservative and pro-business, managed to stay in power for over half the century. With the results already in, this era is over. Challenging party, Democratic Party of Japan, has been announced the winner, claiming over 300 seats in the lower house of [...]



Bernanke victim of identity theft.

August 28th, 2009 at 5:36 am » Comments (9)

This is nuts! FED chairman fell pray to an identity thief, or gang of thieves. Somebody stole purse belonging to wife of Mr. Bernanke, Anne, which contained all sorts of personal documents. Few days after the theft, somebody started to cash checks on personal account of FED Chairman. Wow! Now, this takes some nerve. It [...]











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