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Breakout in GBP-JPY?

March 28th, 2010 at 10:13 am » Comments (6)

First, something little odd. The Abu Dhabi Investment Authority, one of world’s largest sovereign wealth funds (by some accounts the largest), partially lifted its veil of secrecy last week. The fund issued its first yearly statement. !t wasn’t very detailed, disclosing very limited information, byt could be a first step into more transparent future reports. [...]



Has Aussie topped?

March 27th, 2010 at 10:40 am » Comments (12)

For the better part of 2009 Australian Dollar was the darlingĀ among currencies. The Aussie enjoyed steady appreciation and not just against US Dollar, but across the board. No surprise, really. Judging by economic numbers, downturn in Australia was less severe than in other industrialized countries. Exports remained strong, especially to China with it’s ever growing [...]



Euro’s rebound.

March 26th, 2010 at 5:59 pm » Comments (3)

Following very indecisive Thursday, Euro showed some strength in the wake EU agreement on Greece. Common currency bounced from 10 month low against the Dollar, while also gaining in relation to others. Does it mean that EUR troubles are over? It is probably too early to start popping champagne corks. Today’s move was of reactionary [...]











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